Rebar prices decreased in the Kingdom of Saudi Arabia in July 2023
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Steel NewsAugust 16, 20231 min read

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

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According to the General Authority for Statistics, the average price of a tonne of rebar steel in the Kingdom of Saudi Arabia in July 2023 ranged between 2613.52 - 4082.53 Saudi riyals, a decrease between 0.28% and -1.01% compared to June in 2023, and a decrease between -9.31% and -28.75% compared to July 2022.

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

Item

Unit

July 23

June 23

%Changes

July 22

%Changes

Rebar 6 mm National

1 tonne

4082.53

4071.07

0.28

4501.42

-9.31

Rebar 8 mm National

1 tonne

2758.19

2785.79

-0.99

3839.31

-28.16

Rebar 10 mm National

1 tonne

2810.49

2839.14

-1.01

3944.77

-28.75

Rebar 12 mm National

1 tonne

2613.52

2628.7

-0.58

3595.94

-27.32

Rebar 14 mm National

1 tonne

2613.52

2630.37

-0.64

3591.24

-27.23

Rebar 16 mm National

1 tonne

2618.84

2629.68

-0.41

3571.57

-26.68

Rebar 18 mm National

1 tonne

2624.03

2627.86

-0.15

3575.93

-26.62

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Rebar prices decreased in the Kingdom of Saudi Arabia in July 2023 - Arab Iron and Steel Union