According to the General Authority for Statistics, the average price of a ton of iron in the Kingdom of Saudi Arabia in October ranged between 3189.14 – 4285.41 Saudi riyals, with an increase of 1.02% – 5.15% compared to September 2022, and a decrease between -0.14% – -1.76% compared to October 2021.
Average Prices monthly and annual changes in the Kingdom (Oct 2022)
Items | Unit | Oct-22 | Sep-22 | % Change | Oct-21 | % Change |
6 mm National Reinforcing iron | 1 ton | 4,285.41 | 4,242.26 | 1.02 | 4,291.34 | -0.14 |
8 mm National Reinforcing iron | 1 ton | 3,365.05 | 3,200.18 | 5.15 | 3,388.23 | -0.68 |
10 mm National Reinforcing iron | 1 ton | 3,431.82 | 3,288.54 | 4.36 | 3,398.44 | 0.98 |
12 mm National Reinforcing iron | 1 ton | 3,192.05 | 3,116.30 | 2.43 | 3,244.88 | -1.63 |
14 mm National Reinforcing iron | 1 ton | 3,191.86 | 3,115.66 | 2.45 | 3,244.88 | -1.63 |
16 mm National Reinforcing iron | 1 ton | 3,187.47 | 3,101.96 | 2.77 | 3,244.72 | -1.76 |
18 mm National Reinforcing iron | 1 ton | 3,189.14 | 3,107.70 | 2.62 | 3,244.46 | -1.71 |