Beginning in November, Tuesday, Egyptian iron firms increased their costs by an average of 2000 pounds each delivery of manufacturing land.
And “Ezz Iron” raised the price of the ton; To reach 19650 pounds per ton, and the price of a ton of “Suez Iron” increased to 19550 pounds per ton, raised the “Egyptian iron” 19550 pounds per ton, and raised the price of a ton of “iron with tea” the land of the factory to 19600 pounds.
The factories claimed that these prices include 14% value-added tax and do not cover the cost of shipping or other costs.
Once factories announced a price hike beginning in November 2022, new iron tonne prices