The price level of 8-12 mm rebar in Saudi Arabia's domestic market is at SAR 2,850-3,175/mt ($761-848/mt) ex-works on theoretical weight basis, including five percent VAT.
The producers in the Saudi Arabian domestic rebar market have this week further hiked their price levels by up to SAR 300-350/mt ($80-93/mt), following the previous price increase in early January.