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Jordan Steel unveils May 2024 rebar prices amid market fluctuations

Jordan Steel Company has announced its rebar prices for May 2024. The Grade 60 rebar prices have increased compared to the previous month, impacting construction budgets.

Jordan Steel unveils May 2024 rebar prices amid market fluctuations

Jordan Steel Company has officially released its rebar prices for May 2024, providing insights into the construction materials market. The company’s pricing strategy reflects the current economic climate and aims to meet the demands of builders, contractors, and investors.

The rebar prices have increased by 20-35 dinars compared to last month. Jordan Steel remains committed to delivering high-quality products while ensuring fair pricing for its customers. The company’s Grade 60 rebar is widely used in construction projects across the region.

Grade 60 Rebar Prices:

450-453 JOD per tonne, without Tax

535-540 JOD per tonne, withTax

Industry experts speculate that the rise in rebar prices is linked to global supply chain challenges, increased demand for infrastructure projects, and fluctuations in raw material costs.

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