Saudi Iron and Steel Company (Hadeed) has announced that it will maintain its prices for long steel products for January 2025 deliveries. The price of rebar (12-32 mm) remains at SAR 2,400 ($639) per tonne, while wire rod prices (6.5-16 mm) will hold steady at SAR 2,440 ($649) per tonne. These prices are based on Riyadh CPT, excluding a 15% VAT. The exchange rate stands at 1 USD = 3.75 SAR.