According to the General Authority for Statistics, the average price of a ton of iron in the Kingdom of Saudi Arabia in December ranged between 3368.63 – 4282.66 Saudi riyals, with up and down between -3.14% – 0.71% compared to November 2022, and a decrease between -10.34% – 0.29% compared to December 2021.
Average Prices monthly and annual changes in the Kingdom (Dec. 2022)
Items | Unit | Dec-22 | Nov-22 | % Change | Dec-21 | % Change |
6 mm National Reinforcing iron | 1 ton | 4295.15 | 4265.03 | 0.71 | 4282.66 | 0.29 |
8 mm National Reinforcing iron | 1 ton | 3263.72 | 3351.34 | -2.61 | 3639.91 | -10.34 |
10 mm National Reinforcing iron | 1 ton | 3313.57 | 3420.86 | -3.14 | 3647.58 | -9.16 |
12 mm National Reinforcing iron | 1 ton | 3106.59 | 3197.84 | -2.85 | 3370.31 | -7.82 |
14 mm National Reinforcing iron | 1 ton | 3106.6 | 3197.64 | -2.85 | 3368.49 | -7.77 |
16 mm National Reinforcing iron | 1 ton | 3104.26 | 3193.72 | -2.8 | 3368.77 | -7.85 |
18 mm National Reinforcing iron | 1 ton | 3104.43 | 3193.18 | -2.78 | 3368.63 | -7.84 |