According to the General Authority for Statistics, the average iron price per tonne in the Kingdom of Saudi Arabia in January 2023 ranged between 3063.65 – 4284.07 Saudi riyals, a decrease between -0.26% – 1.65% compared to December 2022, and a decline between -0.4% – 12.38% compared to January 2022.
Average prices and monthly and annual changes in the Kingdom of Saudi Arabia (January 2023)
| Items | Unit | Jan-23 | Dec-22 | % Change | Jan-22 | % Change |
| 6 mm National Reinforcing iron | 1 ton | 4284.07 | 4295.15 | -0.26 | 4285.86 | -0.04 |
| 8 mm National Reinforcing iron | 1 ton | 3212.92 | 3263.72 | -1.56 | 3666.95 | -12.38 |
| 10 mm National Reinforcing iron | 1 ton | 3258.84 | 3313.57 | -1.65 | 3678.34 | -11.4 |
| 12 mm National Reinforcing iron | 1 ton | 3063.65 | 3106.59 | -1.38 | 3357.8 | -8.76 |
| 14 mm National Reinforcing iron | 1 ton | 3064.49 | 3106.6 | -1.36 | 3355.69 | -8.68 |
| 16 mm National Reinforcing iron | 1 ton | 3063.73 | 3104.26 | -1.31 | 3355.57 | -8.7 |
| 18 mm National Reinforcing iron | 1 ton | 3064.31 | 3104.43 | -1.29 | 3355.2 | -8.67 |
