The Saudi steel market is in a state of active anticipation, as contractors and suppliers closely monitor today’s price per ton, especially for products from the two leading players: Al Rajhi Steel and SABIC Steel.
Amid global fluctuations in raw material costs and local shifts in supply and demand, determining the right time to buy is no longer a simple decision. It has become a strategic factor directly tied to liquidity and flexible payment options.
SABIC & Al Rajhi Steel: Pillars of Saudi Arabia’s Steel Market
Both SABIC Steel and Al Rajhi Steel Industries hold significant weight in the local market:
- SABIC Steel is among the largest producers in the region, offering a wide range of products from rebar to structural sections.
- Al Rajhi Steel is known for its diversified production lines and fast distribution network, earning the trust of suppliers and contractors across the Kingdom.
Although prices vary depending on region, quantity, and product type, the average price per ton for SABIC and Al Rajhi in July 2025 generally ranges between SAR 2,850 and SAR 3,150, according to authorized distributors.
This price range reflects relative market stability but is still subject to fluctuations driven by shipping costs and global raw material availability.
Buying Decisions: Balancing Opportunity and Challenge
For many SMEs, the hesitation to purchase immediately isn’t due to lack of interest but rather the pressure of cash flow constraints or uncertainty about future pricing trends.
An attractive offer from a distributor of SABIC or Al Rajhi steel might exist today, but without instant and flexible financing options, the decision to buy may be delayed and potentially losing out on significant savings.
How Flexibility Can Impact Your Costs
This is where modern solutions like Aajil’s “Buy Now, Pay Later” service make a difference.
Through Aajil, businesses can:
Purchase directly from their preferred supplier (SABIC, Al Rajhi, or others)
Without any upfront payment
With flexible installment plans
And a fast, fully digital approval process that avoids complex bank reviews
This approach ensures that purchasing decisions are no longer tied to current bank balances, but are instead based on a smart assessment of opportunity and timing.
Readiness Matters More Than Price
In a market where timing is everything, the difference between a company that buys when prices are favorable and one that waits for cash flow to improve could mean thousands of riyals per ton.
With Aajil’s flexible payment solutions, purchasing steel is no longer a strain on liquidity. Instead, it becomes an empowering tool, allowing your company to seize the best prices from SABIC or Al Rajhi without delays or disruptions.
Today’s steel price may change… but your readiness to buy is what truly makes the difference.