Wondering what iron and steel scrap is worth in Riyadh right now? Here is the short answer. In 2026, common iron and steel scrap in Riyadh sells for about 0.6 to 1.6 SAR per kilo for a household, workshop, or site seller, depending on the grade.
Heavy steel (HMS) pays the most in that band, light sheet and cast iron pay the least, and stainless steel sits far higher at 7 to 14 SAR per kilo. Mills buy in bulk by the tonne, tracked by Saudi Arabia’s official iron and steel scrap index, which reached 1,826 SAR per tonne in September 2026. Rates move with the global market, so know the ranges below, then get a live quote on the day you sell.
This guide gives honest, Riyadh focused iron and steel scrap prices for 2026, explains the difference between a per kilo rate and a per tonne rate, breaks down what each grade pays, and shows how to get the best iron scrap price without guessing.
Iron and Steel Scrap Prices in Riyadh Today (2026)
Below are indicative iron and steel scrap prices in Riyadh for a seller bringing a small to medium load to a local buyer. Treat them as a guide, not a fixed rate. The real number on the day depends on grade, cleanliness, weight, and the live market.
| Iron / steel grade | Indicative range (SAR per kg) |
|---|---|
| Heavy steel, HMS (thick iron, beams, pipes, plate) | 1.4 to 1.6 |
| Light iron and sheet steel | 0.8 to 1.2 |
| Cast iron (engine blocks, old machinery, pipes) | 0.6 to 1.2 |
| Stainless steel, grade 304 | 7 to 10 |
| Stainless steel, grade 316 | 10 to 14 |
For bulk loads from construction, demolition, or a factory, iron and steel are usually quoted per tonne instead of per kilo. In September 2026, Saudi Arabia launched an official iron and steel scrap price index, developed by Fastmarkets with the National Industrial Development Center.
Its general index stood at 1,826 SAR per tonne, with separate indices for the Riyadh region, the Eastern region, and the western region. The Saudi iron scrap market is large, around 3.5 million tonnes a year, which is why transparent pricing now matters more than ever.
Per Kg or Per Tonne? Which Iron Scrap Price Applies to You
This is where most sellers lose money, and where most price pages stay silent. The official per tonne index is the delivered bulk price that mills pay for large, sorted loads. A person selling a few hundred kilos to a local buyer earns a per kilo rate a little below that, because the buyer covers collection, sorting, transport, and a working margin.
- Small or mixed loads (home clear outs, a workshop, a few hundred kilos): the per kilo ranges in the table above apply.
- Bulk loads (demolition steel, structural offcuts, factory scrap, several tonnes): ask for a per tonne rate, and expect it to track close to the official index once the metal is sorted and weighed.
If you have bulk material, always ask for a per tonne quote. Being quoted a flat per kilo rate on a full truck of heavy steel usually means money left on the table.
Iron and Steel Grades We Buy, and What Each Pays
Price follows grade. Knowing which type you have helps you check that a quote is fair.
- Heavy steel (HMS): thick iron such as beams, pipes, plate, and structural offcuts. The best paying ferrous grade per kilo.
- Light iron and sheet steel: thin sheet, car body panels, ducting, light fencing. Pays less because it carries more surface rust and less metal per piece.
- Cast iron: engine blocks, old radiators, machine bases, and heavy old pipes. Brittle and often dirty, so it sits at the lower end.
- Stainless steel: kitchen and industrial equipment, railings, tanks. Worth far more than carbon steel. Grade 316 pays more than 304.
A quick field test: a magnet sticks firmly to carbon steel and cast iron, but holds weakly or not at all to 304 and 316 stainless. If a magnet barely grips, you likely have stainless, which is worth checking before you sell it as plain steel.
Why Iron Scrap Rates in Saudi Arabia Change
Iron and steel scrap is a global commodity, so the rate in Riyadh moves with forces outside any single buyer’s control:
- Global scrap demand: the regional benchmark follows import prices into Turkey, one of the world’s largest scrap buyers. When that rises, Saudi rates tend to follow.
- Local mill demand: large Saudi producers melt scrap into new steel. Stronger construction demand lifts buying prices.
- The official Saudi index: the 2026 iron and steel scrap index gives buyers and sellers a shared, transparent reference for the first time.
- Your load: grade, how clean and sorted it is, and total weight all move your final number.
How to Get the Best Iron Scrap Price in Riyadh
We buy iron and steel across Riyadh every day, and the sellers who earn the most tend to do the same few things:
- Sort by grade. Keep heavy steel, light sheet, cast iron, and stainless in separate piles. A sorted load is quoted higher than a mixed one.
- Strip the non metal. Remove wood, plastic, concrete, and heavy rust where you can. You are paid for metal, not weight that is not metal.
- Weigh in front of you. Insist the metal is weighed on a calibrated scale while you watch.
- Ask for a per tonne rate on bulk. For truck sized loads, a per tonne quote tied to the market beats a flat per kilo rate.
- Use free pickup. Heavy iron is costly to move. Free collection keeps transport from eating your margin.
Where to Sell Iron and Steel Scrap in Riyadh
We buy every iron and steel grade across Riyadh, from a single old gate to full demolition and factory loads. We weigh in front of you, quote against the live market, pick up free anywhere in the city, and pay cash on collection. To see current ranges for other metals, read our guide to scrap metal prices in Riyadh, or learn more on our metal scrap dealer in Riyadh page. New to selling scrap? Start with how to sell scrap in Riyadh. For a live quote today, send a photo of your iron on WhatsApp.
Frequently Asked Questions
What is the iron scrap rate in Saudi Arabia today?
For a small seller in Riyadh, iron and steel scrap runs about 0.6 to 1.6 SAR per kilo depending on the grade, with stainless steel much higher at 7 to 14 SAR per kilo. For bulk loads, Saudi Arabia’s official iron and steel scrap index reached 1,826 SAR per tonne in September 2026. Rates change daily, so ask for a live quote on the day you sell.
What is the scrap iron price per kg in Riyadh?
Heavy steel (HMS) pays about 1.4 to 1.6 SAR per kg, light iron and sheet steel about 0.8 to 1.2 SAR, and cast iron about 0.6 to 1.2 SAR. Send a photo for a price on your exact load.
What is the stainless steel scrap price in Riyadh?
Stainless steel grade 304 sells for about 7 to 10 SAR per kg, and grade 316 for about 10 to 14 SAR per kg. Stainless is worth far more than plain carbon steel, so check it with a magnet before selling.
Is cast iron worth more than regular steel scrap?
Usually no. Cast iron tends to pay at the lower end, about 0.6 to 1.2 SAR per kg, because it is brittle and often arrives dirty. Clean heavy steel (HMS) normally pays more per kilo.
Do you buy iron scrap per kg or per tonne?
Both. Small and mixed loads are bought per kilo. Bulk loads from demolition, construction, or a factory are quoted per tonne against the market. If you have a truck sized load, ask for a per tonne rate.
Do you offer free pickup for heavy iron scrap in Riyadh?
Yes. We offer free pickup for iron and steel across every district of Riyadh, with same day collection in most areas, and we handle the loading.
What is the steel scrap price in Saudi Arabia (KSA) today?
For a small seller, steel scrap in Saudi Arabia runs about 0.8 to 1.6 SAR per kg depending on the grade, with heavy steel (HMS) at the top of that band and light sheet steel lower. For bulk loads, the official Saudi iron and steel scrap index reached 1,826 SAR per tonne in September 2026. Rates move daily, so ask for a live quote on the day you sell.
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