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Arab Steel Summit

Rebar prices decreased in the Kingdom of Saudi Arabia in May 2023 

According to the General Authority for Statistics, the average price of a tonne of rebar in the Kingdom of Saudi Arabia in May 2023 ranged between 2754.97 -4099.14 Saudi riyals, a decrease between -1.19% and -4.15% compared to April 2023, and a decrease between -14.84% and -35.27% compared to May 2022.

Average prices and monthly and annual changes in the Kingdom of Saudi Arabia (May 2023)

Item Unit May 23 April 23 %Changes May 22 %Changes
Rebar 6 mm National 1 tonne 4099.14 4148.61 -1.19 4813.38  -14.84
Rebar 8 mm National 1 tonne 2940.55 3027.96  -2.89 4543.11 -35.27
Rebar 10 mm National 1 tonne 2999.61 3091.15 -2.96 4614.95 -35
Rebar 12 mm National 1 tonne 2757.3 2871.66 -3.98 4000.96 -31.08
Rebar 14 mm National 1 tonne 2758.17 2872.58 -3.98 3991.88 -30.91
Rebar 16 mm National 1 tonne 2757.21 2871.9 -3.99 3991.51 -30.92
Rebar 18 mm National 1 tonne 2754.97 2874.21 -4.15 3992.87 -31

 

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