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Rebar prices in the Kingdom of Saudi Arabia

According to the General Authority for Statistics, the average price of a ton of rebar in the Kingdom of Saudi Arabia was recorded in February 2024.

Rebar prices reached about 2,883.31 riyals, a decrease of 0.18% from January 2024 and a decrease of 9.1% from February 2023, while prices according to thickness ranged between 2,660.17 – 3,949.34 Saudi riyals, an increase of between 0.1% and 0.36% compared to January 2024 and a decrease. Between 5.11% – 11.18% compared to February 2023.

Average prices and monthly and annual changes in the Kingdom of Saudi Arabia (February  2024)

Items Unit Feb-24 Jan-24 Change Feb-23 Change
Rebar 6 mm National   1 ton 3,949.34 3,935.23 0.36 4,162.04 -5.11
Rebar 8 mm National 1 ton 2,755.56 2,747.05 0.31 3,102.47 -11.18
Rebar 10 mm National 1 ton 2,809.77 2,799.61 0.36 3,152.68 -10.88
Rebar 12 mm National 1 ton 2,664.55 2,664.66 0 2,943.90 -9.49
Rebar 14 mm National 1 ton 2,660.17 2,659.80 0.01 2,645.07 -9.67
Rebar 16 mm National 1 ton 2,668.51 2,667.60 0.03 2,943.31 -9.35
Rebar 16 mm National 1 ton 2,675.29 2,672.70 0.1 2,946.56 -9.21
Average  1 ton 2,883.31 2,878.09 -0.18 3,170.95 9.1

 

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