According to the General Authority for Statistics, the average price of a ton of iron in the Kingdom of Saudi Arabia in November ranged between 3,311.33 – 4,306.44 Saudi riyals, with up and down between -0.48% – 0.18% compared to October 2022, and a decrease between –0.96% – -6% compared to November 2021.
Average Prices monthly and annual changes in the Kingdom (Nov 2022)
Items | Unit | Nov-22 | Oct-22 | % Change | Nov-21 | % Change |
6 mm National Reinforcing iron | 1 ton | 4,306.44 | 4,285.41 | -0.48 | 4,265.03 | -0.96 |
8 mm National Reinforcing iron | 1 ton | 3,565.20 | 3,365.05 | -0.41 | 3,351.34 | -6 |
10 mm National Reinforcing iron | 1 ton | 3,572.05 | 3,431.82 | -0.32 | 3,420.86 | -4.23 |
12 mm National Reinforcing iron | 1 ton | 3,313.90 | 3,192.05 | 0.18 | 3,197.84 | -3.5 |
14 mm National Reinforcing iron | 1 ton | 3,309.89 | 3,191.86 | 0.18 | 3,197.64 | -3.39 |
16 mm National Reinforcing iron | 1 ton | 3,309.77 | 3,187.47 | 0.2 | 3,193.72 | -3.51 |
18 mm National Reinforcing iron | 1 ton | 3,311.33 | 3,189.14 | 0.13 | 3,193.00 | -3.57 |