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Sharon Kedmi
Israel has among the lowest cement prices in the world: about $59 per ton, according to a Cement Review study.
The journal compared cement prices around the world and found that cement is cheaper in Israel than in the U.S., Europe and in other Mediterranean countries as well.
The Nesher cement works commented that although its costs of production have climbed a great deal, mainly because of the constant increase in energy prices, it continues to absorb most of the increase.
The price of cement comprises 2.6% of the price of materials for builders, Nesher said, adding that the cost of cement is usually only about 2% of the cost of the average apartment.
