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This consultation, which is open until April 6, 2026, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.
The price under review is:MB-STE-0909 Steel reinforcing bar (rebar), domestic, delivered Saudi Arabia, riyals per tonne.
The current methodology for Saudi Arabia domestic rebar price can be found here.
Please send responses in writing, preferably in electronic format, to the following address: pricing@fastmarkets.com and steel@fastmarkets.com. Please add the subject heading “Re Saudi Arabia domestic rebar price annual review, 2026”. Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.
Fastmarkets will publish the outcome of this methodology review by Monday April 13, including a summary of the feedback — with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.
To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.