Latest news and articles about construction materials from NEX English
The closure of the Strait of Hormuz has led to a sharp increase in maritime shipping costs, causing a significant jump in construction material prices in Israel, which was already facing rising costs.
The construction and real estate sectors in the Middle East are facing significant challenges due to rising energy prices, necessitating strategic adjustments. According to the Economic Information Center at Siam Commercial Bank, ongoing conflicts in the region are driving up energy and construction material costs.
On Sunday, April 5, 2026, steel and cement prices in Egypt's construction market showed significant stability, reflecting the local market conditions. Investors and consumers are keen to understand how these prices will impact construction projects.
On Saturday, April 4, 2026, prices of steel and cement in the construction materials market saw a significant increase, raising concerns among both investors and consumers. The price of a ton of steel reached approximately <strong>15,000 EGP</strong>, while the price of a ton of cement hit <strong>1,200 EGP</strong>.
On Wednesday, April 1, 2026, steel and cement prices in Egypt's construction materials market showed notable stability, as companies continued to offer promotions amid rising demand for these essential materials.