Jordan Steel Company has announced that rebar prices for November 2024 will remain unchanged from the previous month, providing much-needed stability for the construction sector. The prices for Grade 60 EXW rebar range from 451 to 457 dinars per tonne, excluding sales tax. With sales tax included, prices range from 537 to approximately 545 dinars per tonne.
By maintaining stable prices, Jordan Steel is ensuring predictability for builders and contractors who rely on consistent cost estimates for their projects.
The steady pricing amidst fluctuating global steel markets indicates robust local supply chains and demand management by Jordan Steel.
This decision is likely to be welcomed by industry stakeholders who are navigating the complexities of fluctuating material costs and planning large-scale projects.
Jordan Steel’s commitment to maintaining stable rebar prices reinforces its role as a key player in the regional steel market, providing assurance to the construction industry during times of economic uncertainty.
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