Steel Rebar Prices In Saudi Arabia 2020

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Steel rebar prices in saudi arabia 2020. This is 100 riyals per tonne higher than its previous price of 2 100 riyals per tonne ex works announced on september 6. Saudi arabia is highly dependent on its oil. This is 50 riyals 13 per tonne higher than its previous. Saudi arabia s biggest steel producer hadeed sabic has increased its domestic rebar price to 2 200 riyals 586 per tonne ex works metal bulletin has learned.

Prices of cement and cables increased 1 percent yoy each to sar 13 04 per 50 kilogram bag with cables rising 19 percent yoy to sar 31 73 per meter. Saudi arabia s biggest steel producer hadeed sabic has increased its rebar price to 1 850 riyals 493 per tonne ex works with effect from tuesday august 1. Steelorbis has been informed that in the saudi arabian market retail prices for rebar remain at sar 2 900 mt 773 mt and wholesale rebar prices are still at sar 2 800 mt 747 mt both ex works and on a theoretical. About 5 of these are steel rebars 0 are steel round bars.

Steel prices in saudi arabia have jumped 12 percent year on year yoy to average sar 2 552 per ton in q1 2018 data issued by the kingdom s general authority for statistics gastat showed. Middle east steel rebar market outlook 2017 2030 with size share other stats and dynamics such as emerging trends market opportunity drivers challenges to market growth have been included in the latest report published by.