Rebar prices in Saudi Arabia witnessed a divergence during the month of June, as the prices of electrical wires and cables increased significantly. According to the Goods and Services Price Averages Bulletin issued by the General Authority for Statistics, the price of 6mm rebar decreased by 4.3% to reach SAR 3897.64 per ton.
The price of 6mm rebar decreased by 4.3% to reach SAR 3897.64 per ton.
The price of 8mm diameter rebar decreased by 0.6% to reach 2768.6 SAR per ton. The record of 10mm rebar fell by 0.7% to reach 2820.41 SAR per ton.
On the other hand, 10mm rebar saw a decline of 0.7% to reach 2820.41 SAR per ton. On the other hand, 12mm rebar rose by 2.3% to SAR 2688.36 per ton, while 14mm rebar rose by 2.2% to reach SAR 2687.54 per ton.
On the other hand, 14mm rebar continued to rise by 2.2% to reach SAR 2687.54 per ton.
The rise in the prices of larger rebar also continued, with 16mm rebar rising by 2.2% to reach SAR 2687.96 per ton, while 18mm rebar rose by 2.4% to reach SAR 2689.74 per ton.
In the same vein, prices of larger rebar continued to rise.
In the same context, the prices of electrical wires in all categories increased by between 6.9% and 9.4%, with prices ranging between SAR 1.1 per meter and SAR 2.64 per meter. Electric cable prices also recorded a rise between 6.1% and 10.5%, with prices ranging between SAR 48.02 per meter and SAR 533.2 per meter.
In addition, the majority of wood species increased on a monthly basis, with Chilean wood being the only exception with a decrease.
Cement and concrete prices
Cement prices cement prices in the Saudi market witnessed a remarkable variation during the month of June, according to the monthly bulletin of the Statistics Authority. The price of black cement with a weight of 50 kg increased by 4%, reaching SAR 15.77. In contrast, the price of white cement recorded a slight decrease of 0.6%, reaching SR38.08 for the same weight.
White cement price recorded a slight decrease of 0.6%, reaching SR38.08 for the same weight.
The bulletin also reported that concrete prices increased in all categories. The price of 350 kg resistant concrete reached SR219.34 per cubic meter, an increase of 0.9% month-on-month. The price of 250kg resistant concrete reached SR199.6 per cubic meter, an increase of 1.7%. The price of 350 kg ordinary concrete reached 208.7 riyals per cubic meter, an increase of 0.4%. As for 250 kg grade concrete, its price rose to 189.62 riyals per cubic meter, an increase of 1.4%.
<In the other building materials sector, the price of national gypsum rose to SR16.42, registering an increase of 4.4%. The price of white fine sand increased by 12.4%, reaching 69.36 riyals per cubic meter. The price of red sand increased by 18.5%, reaching 31.41 riyals per cubic meter. The price of blended sand increased by 12.5%, reaching 49 riyals per cubic meter.
As for block prices, they witnessed a slight decrease, as the price of 15 cm black block decreased by 0.7% and the price of 20 cm block decreased by 1.5% on a monthly and annual basis, respectively, reaching 1705.72 riyals and 1756.83 riyals.
The price of the former fell to 1705.72 riyals and the price of the latter to 1756.83 riyals.
