Saudi Iron and Steel Company – Hadeed Lowers Rebar Prices for March - Global Steel Web

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Steel & Metal

- Saudi Arabia -

February 27, 2025

Saudi Iron and Steel Company – Hadeed Lowers Rebar Prices for March

Saudi Iron and Steel Company (Hadeed) has reduced its long steel prices by SAR 50 (USD 13) per ton for March deliveries. The new prices are SAR 2,350 (USD 626) per ton for rebar (12-32 mm) and SAR 2,320 (USD 618) per ton for wire rod (6.5-16 mm). These prices are on a CPT Riyadh basis and exclude 15% VAT.

Exchange rate: 1 USD = 3.75 SAR.

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