Month: March 2022
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Why Cement and Steel Prices have increased in March 2022,Kenya.
Steel. In January 2022, President Uhuru Kenyatta banned trading in scrap metal. This affected local steel producing companies hence steel prices doubled . Rebar size D8 sold for kes 550 per bar in January. In March, the price has nearly doubled to kes 950 . Prices should come down if President Uhuru Kenyatta rescinds the…