The Saudi steel market is holding its breath. Contractors and suppliers are watching today’s price per ton closely, with all eyes on the two heavyweights: Al Rajhi Steel and SABIC Steel.
Amid global swings in raw material costs and local shifts in supply and demand, deciding the right time to buy is no longer simple. It has become a strategic factor, tied directly 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 carry serious weight in the local market:
- SABIC Steel ranks among the largest producers in the region, with a broad product range 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.
Prices vary by region, quantity, and product type, but the average price per ton for SABIC and Al Rajhi in July 2025 generally falls between SAR 2,850 and SAR 3,150, according to authorized distributors.
That range points to relative stability, though it’s still subject to swings driven by shipping costs and global raw material availability.
Buying Decisions: Balancing Opportunity and Challenge
For many SMEs, hesitating to buy isn’t about a lack of interest, it’s the pressure of cash flow constraints or uncertainty about where prices are headed.
An attractive offer from a SABIC or Al Rajhi distributor might be on the table today, but without instant, flexible financing, the decision can stall, and significant savings can slip away.
How Flexibility Can Impact Your Costs
This is where modern solutions like Aajil’s “Buy Now, Pay Later” service change the math.
Through Aajil, businesses can:
Buy directly from their preferred supplier (SABIC, Al Rajhi, or others)
With no upfront payment
On flexible installment plans
And through a fast, fully digital approval process, free of complex bank reviews
The result: purchasing decisions are no longer tied to your current bank balance, but based on a smart read of opportunity and timing.
Readiness Matters More Than Price
In a market where timing is everything, the gap between a company that buys when prices are favorable and one that waits for cash flow to improve can come to thousands of riyals per ton.
With Aajil’s flexible payment solutions, buying steel stops straining your liquidity and becomes an empowering tool, letting you lock in 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.
