According to the General Authority for Statistics, the average price of a ton of rebar in the Kingdom of Saudi Arabia was recorded in February 2024.
Rebar prices reached about 2,883.31 riyals, a decrease of 0.18% from January 2024 and a decrease of 9.1% from February 2023, while prices according to thickness ranged between 2,660.17 - 3,949.34 Saudi riyals, an increase of between 0.1% and 0.36% compared to January 2024 and a decrease. Between 5.11% - 11.18% compared to February 2023.
Average prices and monthly and annual changes in the Kingdom of Saudi Arabia (February 2024)
Items | Unit | Feb-24 | Jan-24 | Change | Feb-23 | Change |
Rebar 6 mm National | 1 ton | 3,949.34 | 3,935.23 | 0.36 | 4,162.04 | -5.11 |
Rebar 8 mm National | 1 ton | 2,755.56 | 2,747.05 | 0.31 | 3,102.47 | -11.18 |
Rebar 10 mm National | 1 ton | 2,809.77 | 2,799.61 | 0.36 | 3,152.68 | -10.88 |
Rebar 12 mm National | 1 ton | 2,664.55 | 2,664.66 | 0 | 2,943.90 | -9.49 |
Rebar 14 mm National | 1 ton | 2,660.17 | 2,659.80 | 0.01 | 2,645.07 | -9.67 |
Rebar 16 mm National | 1 ton | 2,668.51 | 2,667.60 | 0.03 | 2,943.31 | -9.35 |
Rebar 16 mm National | 1 ton | 2,675.29 | 2,672.70 | 0.1 | 2,946.56 | -9.21 |
Average | 1 ton | 2,883.31 | 2,878.09 | -0.18 | 3,170.95 | 9.1 |