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    Home MIDDLE EAST and NORTH AFRICA Saudi Arabia

    “Contractors”: Iron prices rose more than 25% in 2026 – Saudi News

    The Analyst by The Analyst
    June 24, 2026
    in Saudi Arabia
    “Contractors”: Iron prices rose more than 25% in 2026 – Saudi News


    Reports issued by the General Contractors Authority (which Okaz reviewed) revealed that the prices of rebar recorded significant increases during the period from January to May 2026, as the increase rates ranged between 24.88% and 28.50%, while the increase exceeded 700 riyals per ton in most sizes.

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    Rebar size 16 mm topped the list of increases by 28.50%, rising by 727.29 riyals per ton, from 2,551.54 riyals in January to 3,278.83 riyals in May, and 14 mm size rose by 28.40%, with an increase of 725.46 riyals per ton, from 2,554.23 riyals to 3,279.69 riyals.

    The 12 mm size recorded an increase of 723.44 riyals per ton, rising from 2,550.66 riyals to 3,274.10 riyals, a rate of 28.36%. The price of 18 mm size also rose by 718.02 riyals per ton, from 2,560.35 riyals to 3,278.37 riyals, by 28.04%.

    As for the 8 mm size, it increased by 668.51 riyals per ton, from 2,632.32 riyals to 3,300.83 riyals, by 25.40%, while the 10 mm size recorded the lowest percentage of increase among the observed sizes, as it increased by 666.13 riyals per ton, from 2,676.99 riyals to 3,343.12 riyals, by 24.88%.

    These increases reflect a significant increase in the cost of one of the most important inputs of the construction sector in just four months, which may be reflected in the costs of implementing construction and real estate projects in the market.

    This rise in rebar prices comes in light of global economic changes affecting production and shipping costs, which poses new challenges to the building and construction sector in the Kingdom.

    Iron prices:

    – 3,301 riyals per ton of size 8

    – 3,343 riyals per ton of size 10

    – 3,274 riyals per ton, size 12

    – 3,280 riyals per ton, size 14

    Reports from the General Authority for Contractors, which “Okaz” has reviewed, revealed that rebar prices recorded significant increases during the period from January to May 2026, with the percentage increases ranging between 24.88% and 28.50%. The increase exceeded 700 riyals per ton in most sizes.

    The 16 mm rebar led the increases with a rise of 28.50%, increasing by 727.29 riyals per ton, from 2,551.54 riyals in January to 3,278.83 riyals in May. The 14 mm size also rose by 28.40%, with an increase of 725.46 riyals per ton, from 2,554.23 riyals to 3,279.69 riyals.

    The 12 mm size recorded an increase of 723.44 riyals per ton, rising from 2,550.66 riyals to 3,274.10 riyals, which is a percentage increase of 28.36%. The price of the 18 mm size also rose by 718.02 riyals per ton, from 2,560.35 riyals to 3,278.37 riyals, representing a 28.04% increase.

    Meanwhile, the 8 mm size increased by 668.51 riyals per ton, from 2,632.32 riyals to 3,300.83 riyals, with a percentage increase of 25.40%. The 10 mm size recorded the lowest percentage increase among the observed sizes, rising by 666.13 riyals per ton, from 2,676.99 riyals to 3,343.12 riyals, which is a 24.88% increase.

    These increases reflect the tangible rise in the cost of one of the most important inputs in the construction and building sector within just four months, which may impact the costs of executing construction and real estate projects in the market.

    This rise in rebar prices comes amid global economic changes affecting production and shipping costs, posing new challenges for the construction sector in the Kingdom.

    Steel Prices:

    – 3,301 riyals per ton for 8 mm

    – 3,343 riyals per ton for 10 mm

    – 3,274 riyals per ton for 12 mm

    – 3,280 riyals per ton for 14 mm



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