Jordan-based Jordan Steel Company has announced its Grade 60 rebar prices for December 2024. The company’s ex-factory prices (EXW) range from 457 to 465 dinars (645-655 USD) per ton, excluding sales tax. With the addition of sales tax, these prices reach approximately 530 to 540 dinars (750-765 USD) per ton. Rebar, one of the important inputs of the construction sector, will play a critical role for sector players in terms of cost planning with this price update.
The prices announced by Jordan Steel Company were determined according to the current market situation and demand in the construction sector. The company aims to provide transparency to its customers with regular price announcements. It is expected that the impact of December prices on the sector in the context of economic conditions in the region and increasing construction projects is closely monitored. These prices constitute an important reference point for investors in the construction sector in cost analysis.
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