Iron - prices by country, around the world, March 2023
Based on 17 countries included in our data base, the average price is 1.32 USD. Looking at the latest data, the lowest price was 0.30 USD (Saudi Arabia) and the highest price was 2.89 USD (Australia).
(USD / 1 iron bar, Definitions, sources and data download)
| Countries | Iron prices, 1 bar of 8mm and 1 meter | Rank |
|---|---|---|
| Australia | 2.89 | 1 |
| Switzerland | 2.58 | 2 |
| UK | 2.49 | 3 |
| Germany | 2.24 | 4 |
| Belgium | 2.14 | 5 |
| France | 1.50 | 6 |
| Italy | 1.39 | 7 |
| Netherlands | 1.39 | 8 |
| Sweden | 1.31 | 9 |
| Spain | 1.17 | 10 |
| Poland | 0.76 | 11 |
| Brazil | 0.57 | 12 |
| China | 0.56 | 13 |
| Mexico | 0.42 | 14 |
| Russia | 0.40 | 15 |
| India | 0.32 | 16 |
| Saudi Arabia | 0.30 | 17 |
2.89
2.58
2.49
2.24
2.14
1.50
1.39
1.39
1.31
1.17
0.76
0.57
0.56
0.42
0.40
0.32
0.30
0
0.7
1.4
2.2
2.89
Definition: The prices are for one piece of round reinforcing bar with size of 8mm and 1 meter length. Suitable for providing strength in concrete structures. The prices are collected from the largest hardware stores for each country.
