The average prices of iron saw annual increases reaching a maximum of 54.12% riyals per ton of 10 mm national reinforcement steel, where the annual price difference reached 1345 riyals during the year.<\/p>\n\n\n\n
While the average annual increase was 43.86% between June 2020 and June 2021, after prices for iron saw a steady increase throughout the past year, this led to the significant annual increase in prices.
A recent report showed that the iron prices recorded a monthly increase during June, reaching 10.51% compared to the previous May, with all types of iron experiencing varying increases ranging from 3.86% to 12.80%.
During the current year, the prices of iron saw an annual increase between 28.99% and 54.12%, with the average price rising by 43.86% from 2574.39 to 3703.46, and the prices of 6 mm iron rose by 28.99% from 3281.60 to 4233.01, and 8 mm iron rose by 53.97% from 2486.19 to 3828.08, with the highest price being for 10 mm armor steel at 54.12% from 2485.25. To 3830.21, steel 12 mm 43.62% from 2444.78 to 3511.12, steel 14 mm 43.40% from 2446.37 to 3508.17, steel 16 mm 43.80% from 2439.36 to 3507.70, steel 18 mm 43.85% from 2437.16 to 3505.94 Monthly increase. .<\/p>\n\n\n\n
As a result, iron prices saw an average increase during June, reaching 10.51%, after the average price of iron rose from 3351.19 in May to 3505.94 in June. The prices of 6 mm iron increased by 3.86%, from 4075.67 to 4233.01, and the prices of 8 mm iron increased by 12.80%, from 3393.74 to 3828.08, and the prices of 10 mm iron increased by 12.56%, which recorded the highest increase. 3402.81 to 3830.21, steel 12 mm 11.49% from 3149.39 to 3511.12 riyals, steel 14 mm 11.52% from 3145.85 to 3508.17, steel 16 mm 11.52% from 3145.39 to 3507.70, steel 18 mm 11.46% from 3145.45 riyals to 3505.94.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>Average steel prices saw annual increases, peaking at 54,121 TP3T per ton for 10-mm domestic rebar, with the annual price difference reaching 1,345 riyals over the course of the year. Meanwhile, the average annual increase was 43.86% between June 2020 and June 2021, after steel prices saw a steady rise throughout the past year that drove the annual increase \u2026 Read 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