A number of traders Welcomed reducing the iron prices per ton to be sold to

the consumer at a price of 9250 pounds for boosting sales after a period

of recession, which dominated the market because the price of ton

had exceeded 10 thousand pound.

Ahmed El Zeiny Cairo Chamber’s Board member and head of General Division

for building materials at General Federation of Egyptian chambers of commerce

said that the general division demanded reducing iron prices to revive sales that

had affected by the price increase but it is expected boosting commercial

movement after decreasing the prices, adding that it is important to stabilize

prices for a while to boost buying and sale movement.