Rebar prices decreased in the Kingdom of Saudi Arabia in May 2023 
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Steel NewsJune 15, 20231 min read

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

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According to the General Authority for Statistics, the average price of a tonne of rebar in the Kingdom of Saudi Arabia in May 2023 ranged between 2754.97 -4099.14 Saudi riyals, a decrease between -1.19% and -4.15% compared to April 2023, and a decrease between -14.84% and -35.27% compared to May 2022.

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

Item

Unit

May 23

April 23

%Changes

May 22

%Changes

Rebar 6 mm National

1 tonne

4099.14

4148.61

-1.19

4813.38

-14.84

Rebar 8 mm National

1 tonne

2940.55

3027.96

-2.89

4543.11

-35.27

Rebar 10 mm National

1 tonne

2999.61

3091.15

-2.96

4614.95

-35

Rebar 12 mm National

1 tonne

2757.3

2871.66

-3.98

4000.96

-31.08

Rebar 14 mm National

1 tonne

2758.17

2872.58

-3.98

3991.88

-30.91

Rebar 16 mm National

1 tonne

2757.21

2871.9

-3.99

3991.51

-30.92

Rebar 18 mm National

1 tonne

2754.97

2874.21

-4.15

3992.87

-31

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