Cairo – Mubasher: Cement prices in Egypt continued to be stable and in March, said Minister of Supply Khaled Hanafy.
All cement companies, excluding Spanish-Egyptian Cement Company, kept March prices at their levels a month earlier, he noted.
Lately, the country’s cement industry has seen an increase in production and a decline in supply and local purchasing.
The average cement production per week reached 1.48 million tonnes this week, compared to 1.1 million tonnes for the same period last month, the minister stated.
The local market received 996,400 tonnes this week, compared to 1.1 million tonnes for the same period last month, the minister said.
The maximum sale price was set for Suez Cement Group at EGP850 per tonne and for National Cement at EGP750 per tonne, Hanafy added.
