{"id":71871,"date":"2024-11-27T09:39:32","date_gmt":"2024-11-27T06:39:32","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=71871"},"modified":"2025-11-26T00:49:53","modified_gmt":"2025-11-26T00:49:53","slug":"%d8%aa%d8%b1%d8%a7%d8%ac%d8%b9-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%ad%d8%af%d9%8a%d8%af","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/71871\/","title":{"rendered":"Decline in steel and lumber prices and changes in electrical wires and cables"},"content":{"rendered":"

The building materials markets in Saudi Arabia saw mixed price trends during the month of October, with prices falling for Iron<\/a> <\/strong>across all categories except one, while lumber prices continued to decline significantly. These changes raise questions about market dynamics and their impact on the construction sector.<\/p>\n

Low iron levels\u00a0<\/strong><\/span><\/h4>\n

According to a bulletin issued by the General Authority for Statistics, Rebar prices<\/a> <\/strong>A mixed decline across most categories, while one category recorded a slight increase:
\n(6 mm): It rose by 0.2% to 3,990.81 riyals per metric ton.
\n(8 mm): Fell by 1% to 2,760.31 riyals per metric ton.
\n(10 mm): Declined by 1% to 2,800.99 riyals per metric ton.
\n(12 mm and 14 mm): Prices fell by 0.7% to 2,691.66 riyals and 2,691.46 riyals per metric ton, respectively.
\n(16 mm): It fell by 0.6% to 2,694.11 riyals.
\n(18 mm): Declined by 0.8% to 2,693.72 riyals per metric ton.
\nChinese rebar: The price rose by 0.9% to 51.41 riyals per 10 kg.<\/p>\n

Changes to Electrical Wiring and Cables<\/strong><\/h4>\n

Prices for electrical wires and cables fluctuated slightly, with some increases and decreases:
\n(2.5 mm): The price rose by 2.5% to 1.22 riyals per meter.
\n(4 mm): It stabilized at 1.75 riyals per meter.
\n(6 mm): Increased by 1.9% to 2.76 riyals per meter.
\n(10 mm): The price fell by 1.3% to 22.2 riyals per meter.
\n(25 mm): The price fell by 0.5% to 48.4 riyals per meter.
\n(35 mm): The price fell by 1.8% to 62.35 riyals per meter.
\n(50 mm): It fell by 0.2% to 88.63 riyals per meter.
\n(70 mm): The price fell by 0.6% to 127.27 riyals per meter.
\n(95 mm): It fell by 1.7% to 173.1 riyals per meter.
\n(120 mm): It rose by 0.4% to reach 223.76 riyals per meter.
\n(300 mm): It rose slightly by 0.03% to reach 542.76 riyals per meter.<\/p>\n

Decline in the lumber market<\/strong><\/span><\/h4>\n

Lumber prices saw mixed declines, most notably:
\nChilean lumber: Down 1.1% to 1,540.97 riyals per cubic meter.
\nRomanian wood: The price fell by the same percentage to 1,483.04 riyals per cubic meter.
\nAfrican teak: The price fell significantly by 4.25% to 6,027.22 riyals per cubic meter.
\nIndonesian Ablakash wood: The price fell by 2.2% to 3,168.55 riyals per cubic meter.<\/p>\n

Future Trends<\/span><\/h4>\n

Recent changes in steel and lumber prices point to volatile dynamics in Saudi Arabia\u2019s construction materials market, which is influenced by several factors such as supply and demand, global raw material costs, and changes in import and export policies. The decline in prices for most categories of steel and lumber reflects an improvement in the purchasing power of consumers and real estate developers, which may help drive residential and commercial projects in the Kingdom, especially as work continues on Vision 2030 projects aimed at promoting economic development and infrastructure.<\/p>\n

On the other hand, the slight change in prices for certain categories, such as rebar (6 mm) and Chinese rebar ties, reflects the ongoing challenges in achieving full price stability. These challenges may be linked to global fluctuations in energy and transportation prices, as well as currency fluctuations that directly affect the cost of imported materials.<\/p>\n

With regard to lumber, the notable decline in the prices of Chilean, Romanian, and Indonesian Appalache wood may indicate an abundance of supply or a decline in demand in the local market, which presents a good opportunity for developers to reduce construction costs. However, the continuation of these trends depends largely on government policies to support the construction sector, particularly with regard to providing materials at competitive prices and encouraging investment in local industries related to construction materials.<\/p>\n

In the long term, these changes may promote sustainability in the construction sector by encouraging the adoption of modern construction technologies that rely on lower-cost, more efficient materials. Furthermore, lower prices may prompt more real estate companies to enter the market, thereby increasing competition and stimulating innovation to deliver higher-quality projects that better meet residents\u2019 needs.<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The construction materials markets in Saudi Arabia saw mixed price trends during October, with prices for steel across all categories\u2014except for one\u2014declining, while lumber prices continued their notable decline. These changes raise questions about market dynamics and their impact on the construction sector. Decline in Steel Prices According to a bulletin from the General Authority for Statistics, prices for rebar \u2026 Read more<\/a><\/p>","protected":false},"author":27,"featured_media":62300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[123],"tags":[],"class_list":["post-71871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-building-materials-techniques"],"acf":{"amlak_post_excerpt":"\u0646\u0634\u0631\u0629 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