Average price of rebar in the Kingdom of Saudi Arabia
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Steel News +1January 19, 2023

Average price of rebar in the Kingdom of Saudi Arabia

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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

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Average price of rebar in the Kingdom of Saudi Arabia - Arab Iron and Steel Union