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Building materials prices in local markets. Cement Continues to Rise, Steel Declines

Reading time: 2 MinutesBuilding materials prices in local markets. Cement Continues to Rise, Steel Declines

23/05/2023

Building Materials Prices
Part of the meeting

The second week of Big 5 Construct Saudi kicks off tomorrow in Riyadh

The exhibition runs from February 24-27 at the Riyadh Front Center with a focus on sustainable solutions and operational excellence.

Steel Prices - Rebar

Rebar prices rise, electrical wires and timber diverge over the past month

Statistics Authority's January bulletin: Most categories of rebar rose, and prices of cables, wires, and timber varied.

Big 5 Construct Saudi 2025 continues amidst a large number of interested parties and specialists

The head of the Saudi Contractors Authority (SCA) opened the two-week revamped Riyadh Front with the International Contracting and Construction Industry Conference (ICCIC).

Residential program

ROSHN and Alupco announce strategic partnership to support local manufacturing

Investment of over SAR 1 billion to establish a state-of-the-art aluminum window and door factory in Riyadh and support local supply chains.

Big 5 Gallery

Big 5 Construct Saudi supports Saudi Arabia's trillion-dollar construction industry

The two-week event (February 15-18 and 24-27) brings together more than 2,000 exhibitors from 60 countries to support projects worth $1.7 trillion.

Jeddah City Jeddah Real Estate - Jeddah Real Estate - Businesses

Jeddah Development and Urban Development offers investment opportunities to boost the automotive and construction sectors

The company announced two opportunities to establish and operate automotive and construction cities with areas of 5 and 8.19 million m² with contracts up to 50 years.

Emir of Jazan

Jazan Emir to sponsor the opening of “Construction and Real Estate Development Exhibition 23” next April

Taking place April 23-25 at the Grand Millennium Jazan, the event brings together developers, investors and experts to showcase urban development opportunities.

Saudi Arabia's construction sector expected to grow significantly through 2026

Bain & Company forecasts 3.5-4.5% annual growth driven by massive government projects in infrastructure, housing, and tourism.

Cement prices fall

Cement, concrete, gypsum and sand prices rise in December

GASTAT records monthly increases in the prices of cement, concrete, gypsum and sand during December 2024.

Steel Prices - Rebar

Steel and timber prices rise, electrical wires fall over the past month

December 2024: Varying increases for iron and wood up to 2.8%, versus decreases for wire and cable.

Building one million affordable homes for Indonesia's middle class

The government is launching a project focused on providing affordable units for the urban middle class as part of an election promise.

Part of the meeting

Big 5 Construct Saudi 2025 brings together construction industry experts in Riyadh

It takes place at Riyadh Front from February 15-27, 2025 and brings together more than 2,000 exhibitors and 75,000 visitors.

Eastern Province Municipality - Residential Plans

Sharqiya Municipality reuses demolition materials in road projects

The Municipality required contractors to use 30% recycled concrete granules in road base layers in Al-Khobar, Dammam and Dhahran projects.

Abdulrahman Al-Qout - Real Estate Sales - Multiple Options - Selling Residential Units

Sustainability in real estate. A fad or a future necessity?

Sustainable construction reduces operating costs, increases market value and provides longer investment returns for real estate assets.

Building materials

19 % growth in cement sales in December

Production rose 15.5% and inventory shrank 3.2% as export jumped 148.89%.

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