Steel prices in Saudi rises over 20% in May
The Kingdom experienced a noticeable rise in rebar prices during May 2026, with increases ranging from 5.65% to 20.33% compared to the same month of the previous year. The price of 6mm rebar reached 4,144.19 Saudi Riyals per ton, while other types saw increases exceeding twenty percent, along with a significant rise compared to April 2026. This increase comes amid fluctuations in the prices of all types, attributed to increased demand and the conditions of the local market.
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