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Cement firms seek industry approval to cut output
Cement companies in Egypt are planning to submit an official request to the government to reduce production again, due to declining domestic demand and decreased exports resulting from external disruptions. Over the past few years, a reduction of up to 50% in production was permitted to prevent stockpiling and falling prices, but this decision was canceled in May 2025 after prices rose by more than 54% in the first half of the same year. As demand continues to decline and exports drop by 25% in the first half of 2026, companies are now calling for the reactivation of the quota system to curb market surplus and maintain price stability, especially since the current price per ton is around 3,700 Egyptian pounds, with expectations of a significant rise if production cuts are allowed again. The sector is suffering from rising production costs and reduced external demand, but companies anticipate a rebound in local demand as soon as geopolitical stability is restored in the future.
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