Saudi Arabia Black Steel Bars and plates Market (2025-2031) | Companies, Outlook, Industry, Trends, Value, Analysis, Forecast, Growth, Revenue, Size & Share

Saudi Arabia Black Steel Bars and plates Market Synopsis

Saudi Arabia is a country in the Middle East and has a rapidly expanding black steel bars and plates market. The demand for these products is mainly driven by the construction industry, which requires various steel products such as reinforcement bars (rebars), structural sections, metal plates, etc. As per estimates from 6wresearch, the Saudi Arabia Black Steel Bars & Plates market size was valued at USD 5.6 billion in 2025 and is expected to reach USD 7.2 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 4.1%.

Market Drivers

The increasing investments made on infrastructure development projects are one of the major factors driving the growth of this sector in Saudi Arabia. Moreover, government initiatives such as Vision 2031 have also been instrumental in providing impetus to infrastructure building activities across various cities within the country. In addition to that, urbanization has played an important role in spurring up the demand for ready-made buildings with steel structures throughout Saudi Arabia while its economic diversification plans have enabled it to enhance production capacities leading to increased domestic availability of black steel bars & plates products within its markets. Furthermore, booming industrialization trends along with escalating energy demands have resulted into numerous new power plants being commissioned over recent years thereby pushing up growth prospects further for this particular segment across different parts of Kingdom Of Saudi Arabia (KSA).

Challenges of the Market

However certain factors like shift towards alternative materials due to environmental concerns or rising raw material costs may pose challenges ahead for key players operating within this domain though same can be mitigated through adoption of innovative manufacturing techniques coupled with implementation effective cost control measures undertaken on time-to-time basis throughout production lifecycle period itself.

Covid 19 Impact on the Market

The outbreak of Covid-19 has disrupted the global economy due to measures taken by governments worldwide such as travel restrictions and lockdowns which have led to a decline in demand for various products including steel components used in several industries across Saudi Arabia. Further operations related to production units were also halted or reduced prominently affecting revenues generated from product sales significantly during the first half of 2025 owing to disruption caused by covid 19 pandemic situation. However, a gradual future outlook is expected towards the end of the year 2025 depending on the economic recovery plan adopted by the government post-pandemic crisis.

key players of the Market

Some key players operating in Saudi Arabia Black Steel Bars & Plates Market are Al Rajhi Steel Industries Co., Zamil Industrial Investment Company (Zamil Industrial), BESHAY STEEL GROUP OF COMPANIES, Arabia International Company For Steel Structure (AIC), National Metal Manufacturing & Casting Co., Hadeed Saudia Iron & Steel Co., Juffali Brothers Ltd., Nasser Bin Abdulaziz Al Hajri Corp.(NBAH) etc.

Key Highlights of the Report:

• Saudi Arabia Black Steel Bars and plates Market Outlook
• Market Size of Saudi Arabia Black Steel Bars and plates Market, 2024
• Forecast of Saudi Arabia Black Steel Bars and plates Market, 2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Revenues & Volume for the Period 2021-2031
• Saudi Arabia Black Steel Bars and plates Market Trend Evolution
• Saudi Arabia Black Steel Bars and plates Market Drivers and Challenges
• Saudi Arabia Black Steel Bars and plates Price Trends
• Saudi Arabia Black Steel Bars and plates Porter's Five Forces
• Saudi Arabia Black Steel Bars and plates Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Types for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Black Steel Bars for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Black Steel Plates for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Home for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Health club/Gym for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Office for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Hotels for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Online for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Black Steel Bars and plates Market Revenues & Volume By Offline for the Period 2021-2031
• Saudi Arabia Black Steel Bars and plates Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Distribution Channel
• Saudi Arabia Black Steel Bars and plates Top Companies Market Share
• Saudi Arabia Black Steel Bars and plates Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Black Steel Bars and plates Company Profiles
• Saudi Arabia Black Steel Bars and plates Key Strategic Recommendations