Saudi Arabia's Al Ittefaq Steel has announced an early increase in rebar prices, informing customers that the new rate will be set at SAR 2,350 ($626) per ton. This adjustment comes as demand for rebar surges, driven by the Kingdom's ambitious mega-projects under Vision 2030. The company's pricing remains competitive compared to other major suppliers, as the market experiences robust activity with ongoing construction initiatives. Al Ittefaq's decision reflects the growing need for construction materials in light of significant upcoming events and developments across the region.