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Egypt iron price hits 40,000 LBP per ton
The price of steel in Egypt remained stable today, Saturday, June 6, 2026, recording an average of around 39,000 Egyptian pounds per ton in the local market, following the recent increase due to manufacturers adjusting their prices and market influences from events in the Gulf region. Steel prices ranged between 39,000 and 39,850 pounds per ton delivered to the factory site, with slight differences depending on the manufacturer and region. For example, some companies like Ezz Dekhela set the price at 39,850 pounds per ton, while others such as Gyooshi registered 39,000 pounds. Steel is a fundamental element in the construction sector, and its price stability significantly impacts the movement of development projects in Egypt.
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