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 |
