Saudi billet buyers & sellers: Iran lost 13-15Mt capacity, domestic prices hit $533/t. Get CFR Dammam & SABER tactics. Download Report.

This weekly report gives procurement and sales managers the exact data to secure alternative supply, navigate SABER certification, and capture pricing opportunities before costs rise further.

• For Procurement Managers, this report helps you solve:

What is the current CFR Dammam/Jeddah price range for 150mm 3SP/5SP billet and 12-32mm rebar, and how do soaring freight (BDI 2,095) and war risk premiums impact your landed cost?
Have there been any updates to SABER certification or SASO technical regulations? Is the import window for billet closing due to tighter local production (Hadeed self‑sufficiency)?
How large is Saudi Arabia’s local supply gap (demand vs. Hadeed’s 6 million tpy total capacity) and how much billet must still be imported? Should you accelerate purchases before Chinese FOB prices rise further?

• For Sales Managers (Export & Domestic), this report helps you solve:

With Iran’s 13–15 million tonnes of capacity offline, how high is Saudi Arabia’s import dependency on billet? What is the current pricing premium for Chinese billet over other origins (Russia, India, Turkey)?
Which billet and rebar specifications (150mm 3SP vs. 5SP, rebar grade B500B vs. ASTM A615) are experiencing the tightest Saudi domestic supply, and which end‑use sectors (Neom, Red Sea Project, giga‑projects) are driving urgent demand?
What are the latest tenders and procurement plans under Saudi Vision 2030 (Neom, ROSHN, etc.)? How can you pre‑qualify and submit competitive quotes before local mills lock in contracts?

Market Background – Why Saudi Billet & Rebar Deserves Your Attention Now

Saudi Arabia is the largest steel market in the Gulf, consuming roughly 12 million tonnes of crude steel equivalent annually. Hadeed, the dominant producer, has become self‑sufficient in billet for its rebar mills – but that does not cover all demand. Iran’s collapse has removed a key regional competitor, forcing Saudi buyers to look farther (China, Russia, India). At the same time, Hormuz shipping chaos has made Dammam/Jubail less reliable, pushing logistics costs higher. With Vision 2030 infrastructure spending accelerating, the demand for construction steel will only grow. Whether you buy or sell billet and rebar in Saudi Arabia, the next few weeks will determine your Q2 margins. This report delivers the data and action steps you need – without speculation.

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