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Steel and cement prices in Saudi Arabia in 2020

The average price of iron in Saudi Arabia recorded an increase of about 8% in the year 2020, equivalent to  2793.90 riyals, compared to the average price of 2585.80 riyals in 2019.

The average cement bag also increased 5.1% in 2020, recording a level of 13.80 riyals for a bag weighing 50 kg, compared to 13.13 riyals in the previous year.

The average iron price for December 2020 was the largest in 7 years

Average price of iron and cement:

Average steel prices
Change 2019 2020 Year
4.38% 2443.1 2550.2 January
5.01% 2518.6 2644.7 February
1.25% 2686.1 2719.7 March
0.16% 2729.5 2719.7 April
1.97-% 2717.7 2664.1 May
5.12-% 2713.3 2574.4 June
10.90% 2658.1 2947.7 July
14.55% 2574.9 2946.9 August
15.32% 2555.5 2946.5 September
16.30% 2493.8 2900.3 October
16.99% 2469.2 2888.8 November
21.75% 2469.6 3006.6 December
8.05% 2585.80 2793.90 Average
Cement average price
التغيير 2019 2020 Year
2.38% 13.10 13.32 January
2.29% 13.10 13.40 February
1.98% 13.12 13.38 March
2.13% 13.14 13.42 April
2.29% 13.10 13.40 May
2.52% 13.10 13.43 June
8.84% 13.12 14.28 July
8.70% 13.10 14.24 August
8.38% 13.12 14.22 September
7.66% 13.18 14.19 October
7.20% 13.20 14.15 November
6.41% 13.27 14.12 December
5.10% 13.13 13.80 Average
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