“`html
Egypt Building Materials Market Update: Iron and Cement Prices, Real Estate Trends
Table of Contents
By Anya Sharma | CAIRO – 2025/06/05 10:21:28
The Egyptian building materials market is currently experiencing a period of cautious anticipation. Today, Thursday, June 5, 2025, Iron prices are showing mixed signals, with a slight decrease in the price of Ezz iron, a marginal increase in investment iron, and a similarly small rise in gray cement prices.
Ezz Iron Price Today
The average price of Ezz iron has fallen to 39795.64 pounds per ton, a decrease of 161.06 pounds, representing a 0.4% drop. This adjustment may reflect efforts by major factories to stimulate demand in a slowing market.
Investment Iron Price Today
Investment iron prices have remained relatively stable, with the average price recorded at 38537.9 pounds per ton. This represents a slight increase of 5.26 pounds, or 0.01%,indicating near-complete stability in this segment.
“Real estate prices in Egypt It reached its highest levels during the current period”
Gray Cement Price Today
The price of Gray cement has seen a marginal increase of 2.47 pounds, bringing the average price to 3726.47 pounds per ton, a 0.07% rise. This slight upward movement suggests a stable cement market.
Iron prices by Manufacturer today
Here’s a breakdown of Iron prices from various manufacturers on Thursday, June 5, 2025:
- Glorify: 38500 pounds
- Beshai: 37850 pounds
- Bianco: 37500 pounds
- ferryman: 37500 pounds
- gift: 37500 pounds
- Egyptians: 37500 pounds
- Al -Jawishi: 37,000 pounds
- Porter: 36,000 pounds
- Hostile: 36,000 pounds
- Decimal: 36200 pounds
- Kome: 35,000 pounds
- Sarhan: 34500 pounds
- Egypt steel: 34,000 pounds
Glorify leads the list at 38500 pounds per ton, while Egypt steel offers the lowest price at 34,000 pounds per ton.
Market Analysis
The decline in Ezz iron prices suggests an attempt to counteract reduced purchasing power.Meanwhile, the stability of investment iron and the slight increase in gray cement prices reflect a relatively balanced market, with factories adjusting to current demand.
Real Estate Market Impact
According to Reda Lashin, a real estate expert, Real estate prices in Egypt are at peak levels due to the reinstatement of the Conditions for building the 2008 Law and the removal of restrictions from Law 2021.
Reda Lashin emphasized the need for at least 500 thousand new housing units annually to meet demand, while current supply is only around 60 thousand units. The influx of approximately 12 million Arab refugees has also contributed to increased real estate prices. Recent government facilities are expected to revitalize the sector within 6 to 12 months, potentially restoring balance between supply and demand.
The current Iron prices reflect a cautious market, but government initiatives offer optimism for investors and developers, suggesting a potential recovery and increased supply in the coming months.
