Saudi Iron and Steel Company announced an increase in the prices of rebar

The Saudi Iron and Steel Company (Hadeed) announced the prices of rebar for the month of June, as the price of rebar (12-32 mm) reached 2,375 riyals ($633) per ton, an increase of 25 riyals ($7) per ton compared to the previous month.

While the prices of wire rod (6.5 - 16 mm) remained unchanged at 2,450 riyals ($653) per ton.

The prices mentioned above are based on the customs price for the Riyadh region and without the 15% value-added tax.

1 dollar = 3.75 Saudi riyals