Saudi Iron and Steel Company (Hadeed) maintains rebar prices for January 2025

Saudi Iron and Steel Company (Hadeed) announced unchanged prices for long steel products for January 2025 deliveries. The price of rebar (12-32 mm) remained at SAR 2,400 ($639) per tonne, and wire rod prices (6.5-16 mm) will remain stable at SAR 2,440 ($649) per tonne. The above prices are based on Riyadh CPT, excluding 15% VAT. 1 USD = 3.75 SAR