Home » News » “Iron Prices in Riyadh Decrease by 30% in 2023: Latest Updates and Trends”

“Iron Prices in Riyadh Decrease by 30% in 2023: Latest Updates and Trends”

2023-05-31 15:01:53

Al-Marsad Newspaper: Iron prices declined in Riyadh for the current year 2023 compared to the same month of last year 2022.

Cast iron

The price of a ton of SABIC iron reached 2553 riyals today, May 31, 2023, while it recorded 3680 riyals in the same month last year, a decline of regarding 30%.

Rajhi Steel

Today, Wednesday, May 31, Al-Rajhi Steel recorded 2484 riyals per ton, compared to 3565 in the same month 2022, a decrease of regarding 30%.

iron agreement

The price of agreement iron reached 2484 riyals per ton, today, May 31, 2023, while it recorded 3530 riyals in the same month last year, a decline of regarding 29%.

Hadid bin Dajem

The price of iron bin Dajem decreased to 2270 riyals per ton, today, May 31, compared to 3530 riyals in the same month last year, a decline of regarding 35%.

Dam iron

Today, Wednesday, the price of dam iron reached 2266 riyals per ton, compared to 3330 riyals in the same month last year 2022, a decline of regarding 31%.

National Iron

Today, May 31, the price of National Steel reached 2288 riyals per ton, compared to 3335 riyals in the same month last year, a decline of regarding 31%.

8 mm

Iron 8 mm recorded 2,700 riyals per ton today, Wednesday, May 31, compared to 3,737 riyals in the same month last year, a decline of regarding 27%.

10 mm

The price of iron decreased by 10 mm, to record 2760 riyals per ton, today, May 31, 2023, compared to 3795 riyals in the same month last year, a decline of regarding 27%.

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