2024-06-24 00:25:16
Iron is likely one of the most generally used supplies within the Kingdom of Saudi Arabia, particularly within the building sector, and subsequently, Saudi Fundamental Industries Company (SABIC) is likely one of the main corporations providing iron merchandise in numerous sizes and kinds. iron value. To grasp the modifications which have taken place, whether or not they have gone up or down, you will need to be aware that iron costs are affected by numerous elements, together with uncooked materials prices, manufacturing prices, provide and demand in native and world markets, and financial and political modifications. Additionally they differ relying on the kind of iron. , high quality and suppliers differ.
Value of a ton of iron in Saudi Arabia
SABIC is likely one of the multi-industry listed holding corporations in Saudi Arabia. It’s headquartered in Riyadh. Its enterprise entails chemical {industry}, petrochemicals, fertilizers, industrial polymers and metals. It is likely one of the largest listed corporations in Saudi Arabia. has a outstanding place.
The iron value within the Kingdom of Saudi Arabia can be vastly affected by world iron costs. Affected by rising uncooked materials costs in India and Asian international locations, world iron costs could rise by 21% in 2024 in contrast with earlier years. As follows: Iron costs in Saudi Arabia:
Rebar
The next are the costs of various specs of rebar:
- 6mm x 6m, priced at 4,600 Saudi Riyals.
- 8mm x 6m, priced at SAR 3565.
- 10mm x 12m, priced at SAR 3680.
- 12mm x 12m, priced at SAR 3450.
forged iron
Costs for numerous sizes of forged iron are:
- 12mm x 12m, priced at SAR 3450.
- 14mm x 12m, priced at 3,450 Saudi Riyals.
- 16mm x 12m, priced at 3,450 Saudi Riyals.
- 18mm x 12m, priced at SAR 3565.
- 20mm x 12m, priced at SAR 3565.
- 25mm x 12m, priced at SAR 3565.
- 32mm x 12m, priced at SAR 3565.
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