Posted on 25 Nov 2025
Saudi Arabia’s rebar market has regained momentum. This comes after demand unexpectedly softened in the second week of November, despite an early-month improvement following Hadeed’s SAR 25/tonne ($6.6) increase to SAR 2,080/t ($555) delivered for rebar quotes for November deliveries, Kallanish notes.
In a recent development, Hadeed was approved on 13 November under the United Arab Emirates-based Emirates Conformity Assessment Scheme (ECAS) for 10-40mm reinforcement bar. NASCO, the billet-producing arm of Al Ittefaq, received ECAS approval on 18 November for steel billet destined for further processing. Both certifications carry three-year validity.
Tier-three mills in Al Kharj and Riyadh have raised their rebar offers by SAR 10-20/t to around SAR 1,950/t for small volumes and SAR 1,930/t for larger lots, delivered to Riyadh. On the west coast, mills have slightly increased prices to SAR 1,910-1,940/t ex-works. In Dammam, SNS is offering at around SAR 1,950/t delivered within close proximity, while Al Jazeera is quoting at SAR 1,960-1,970/t. Transactions are mostly on a cash basis.
Scrap dealers are reporting faster payment cycles, while traders say rebar inventories are tightening amid stronger retail sales. Market participants suggest the firmer sentiment could be reflected in December pricing and say "a price decrease is highly unlikely".
Hadeed is expected to announce its December-rolling rebar and coil prices within the coming week.
Source:Kallanish
