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Egypt cement prices steady in May, says minister

Egypt cement prices steady in May, says minister
Cement prices saw no change (Photo Credit: Arabianeye - Reuters)

Cairo – Mubasher: Egypt's Cement companies and factories, except two companies, stabilized their maximum limit of Cement prices during May, said Minister of Supply, Khaled Hanafy.

Meanwhile, Medcom Aswan Cement increased the price by EGP 120 to EGP 800 per ton and the Spanish-Egyptian Cement Company lowered the price by EGP 70 to EGP 620 a ton, the minister stated.

The average weakly production declined to 893,800 tons this week, compared to 1.04 million tons last month, the minister pointed out.