The Egyptian iron market experienced stability on Saturday, October 10, 2026, with prices holding steady at factory gate levels. According to published price lists, Ez steel, a prominent player in the industry, recorded 40,850 pounds per ton for long steel products. This development comes as the local market closely monitors the fluctuations in rebar prices, which are intricately linked to demand in the construction sector, production costs, and global raw material prices.
A closer look at the price list reveals that other notable companies have also maintained their prices. The Egyptian market saw Ez steel's product prices standing at 40,850 pounds per ton for long products, while coil prices were at 38,000 pounds per ton. Meanwhile, Al-Marakebi steel was priced at 39,800 pounds per ton for long products and 38,500 pounds per ton for coils. These prices reflect the ongoing dynamics in the local market, influenced by both domestic and international factors.
Other major players in the Egyptian iron market have also announced their prices for the day. For instance, Al-Gioushi Steel was priced at 36,500 pounds per ton. Additionally, DWR specification steel from an unnamed source was selling at 38,500 pounds per ton. Bashay steel recorded 40,200 pounds per ton, while Suez Steel and Al-Masreya steel were at 39,950 pounds and 38,500 pounds per ton, respectively. Al-Garahi steel stood at 39,200 pounds per ton.
The prices of iron from investment factories also showed a similar trend. The City for Steel, for example, priced its steel at 38,000 pounds per ton. Meanwhile, Nubaria steel and Antar steel were at 37,000 pounds and 36,100 pounds per ton, respectively. Moreover, Bianko steel and Al-Arabia for Steel recorded 36,000 pounds and 36,200 pounds per ton. These prices reflect a diverse range of offerings in the Egyptian market.
Further down the list, other companies also revealed their pricing strategies. The Egyptian market saw Al-Ula steel at 35,700 pounds per ton and Egypt Steel at 36,000 pounds per ton. Additionally, Al-Maadhi steel, with a DWR specification, was priced at 38,000 pounds per ton. These prices are valid at factory gate levels and might vary for end consumers based on transportation costs, traders' and distributors' margins, and the location of sale.
The stability in iron prices comes at a time when the market is keenly observing the demand for rebar. This demand is closely tied to ongoing and upcoming construction projects. Moreover, fluctuations in global raw material prices and production costs are also being monitored for their potential impact on local pricing trends. The interaction between these factors will likely dictate the future trajectory of iron prices in Egypt.
As the market continues to navigate these dynamics, stakeholders remain attentive to any changes that might influence pricing. With the construction sector being a significant consumer of iron and steel products, any shifts in project pipelines or government policies could have a ripple effect on demand and, subsequently, on prices. For now, however, the market appears to be in a state of equilibrium, with prices holding steady across various segments.
Key points
- Ez steel is priced at 40,850 pounds per ton for long products.
- The Egyptian iron market is influenced by both domestic demand and international raw material prices.
- Prices vary across companies, ranging from 35,700 pounds to 40,850 pounds per ton.
