Everything about rebar prices

If you want to build a house or you are doing a construction project and you are trying to reduce the main and ancillary costs as much as possible, if you are going to invest in steel, if you are interested in participating in the rebar exchange market and also the secondary market. You are in the field of steel, we suggest you read this article to the end.

In this article, we try to find the main characteristics affecting the price of rebar as one of the main materials affecting the final price of construction projects, as well as the shortest ways to achieve the desired result and solutions to know the price of rebar up to date and provide it as cheaply as possible. Let's examine. In this regard, correct understanding of the effective factors in increasing or decreasing the price of up-to-date rebar and also the various components of this product is vital.

In a general division, the rebar is divided into two simple and ribbed categories, and each category is divided into different types based on the diameter of the rebar branch in millimeters, including rebar 8, rebar 12, rebar 16, etc. و and based on this. Paying attention to the type and diameter of the appropriate rebar of your project will have a great impact on the quality of the project, its quality and safety, and finally the price of the rebar.

Other types of rebars include brass rebars or steel rebars.

Brass rebar is made of seventy percent copper and thirty percent zinc alloy, is heat resistant and suitable for electronic components, and these characteristics have increased the price of brass rebar.

Steel rebar is an alloy of steel that is mostly used for special purposes such as steel shafts and the easiest way to identify it is to use magnets and is divided into four categories: clamp, clamp, refractory and alloy.

How is the price of rebar calculated?

The daily price of rebar is calculated based on the weight of steel used in each rebar branch, and based on this, the exact formula for calculating the weight of rebar is very important because in construction projects, the required amount of rebar is usually calculated based on length.

However, the sale of this product is based on weight, and to determine the exact weight of the required rebar, the formula for calculating the weight based on the length scale should be considered.

In calculating the amount of rebar required for the building, two methods of general calculation and accurate calculation based on the required area are used.

In the general method, for each square meter of the building infrastructure, 40 to 60 kg of rebar is considered, which is not recommended at all, because it greatly increases the amount of rebar wasted in your project.

Accurate calculation of rebar weight requires the use of specialized tables such as Listerofer table and Style table.

Buyers can use the free advice of related collections to facilitate the calculation and information on how to use these tables and to be aware of the latest developments in the field of steel. How to contact the best steel consultants will follow.

Factors affecting the market price (updated rebar prices)

Supply and demand

One of the issues that all economists agree on is how much it affects the issue of up-to-date rebar prices and pricing is the issue of supply and demand. The most important factor influencing the price of steel products is supply and demand.

As the demand increases and the supply decreases, the price of rebar increases day by day, or as the demand decreases and the supply increases, the prices decrease. It is noteworthy that the price of rebar, in addition to being affected by supply and demand, is also affected by supply and demand forecasting.

Our strong advice to you dear ones is not to neglect the up-to-date rebar price forecasts in any way and try to be aware of scientific and technical rebar price analyzes so that you can make the right decisions for future purchases.

2- Export and its quantity and bag

The cheap export of rebar has caused an unusual demand from brokers and traders to send it to Iran's neighbors and has caused emotional inflammation of the rebar price. Of course, this issue has been resolved by the government at the request of the producers, and now the export of the final products (updated rebar prices) is done only by the producers.

3- The rate of increase or decrease of the exchange rate

Government fiscal policies require domestic commodity markets to follow the value of our national currency against the currencies of other countries; For this reason, any change in the currency of countries can affect the final price of domestic goods.

4- Price of raw materials

Among the raw materials affecting the price of iron, we can mention the price of basic raw materials such as iron ore and scrap, and the price of up-to-date rebar and basic raw materials such as nickel and chromium. Therefore, changes in the price of each of these raw materials will initiate changes in the price of updated rebar.

If the stock of raw materials decreases and demand increases, the price of rebar will increase, and as a result, we will face an increase in the price of steel products and the price of rebar up to date, including the price of profiles. In addition to the price of basic raw materials, the cost of energy will also directly affect the price of rebar; Because smelting and forming steel is one of the most expensive energy sectors in any country.

5- The rate of inflation and increase of workers' salaries and wages

Unfortunately, the significant amount of inflation in our country has caused issues such as increasing workers' wages to occur every year, which have a small effect on the price of rebar, albeit slightly.

6. transport cost

The cost of transportation is closely related to the price of gasoline and petroleum products. Because any transportation from shipping to cargo transits needs fuel. Therefore, transportation costs are an integral part of determining the price of steel products and the price of rebar.

Raw materials such as scrap and certain metals such as nickel may be sourced from other countries, and their shipping costs will affect the final price of steel and, consequently, the price of rebar.

Reasons for rising rebar prices

The increase in rebar prices both in world markets and in the Iranian market is affected by various factors and factors, the most important of which are mentioned below.

Impact of currency fluctuations on rebar prices

One of the most important factors in the price of rebar in domestic markets can be considered currency fluctuations along with the excitement caused by the news related to the housing sector.

Given the status of sanctions and the possibility of immediate changes in the housing market, as well as the adoption of different guidelines on steel export regulations, momentary fluctuations in rebar prices should be considered inevitable.

Since Iran is among the top ten countries in the world in the field of steel production and export, the price of this product is always calculated at the exchange rate and dollar price fluctuations play an important role in the final price of this product.