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The price of steel is an important factor for businesses and consumers in Oman, as it can have a significant impact on the cost of construction, manufacturing, and other industries that rely on steel products. In general, steel prices in Oman have been on the rise in recent years, due to a combination of factors.

One of the main factors that have contributed to the rise in steel prices in Oman is the increasing demand for steel in the global market. As the global economy has grown, the demand for steel has increased, which has put upward pressure on steel prices. In addition, the increasing use of steel in the construction industry in Oman and other countries has also contributed to the rise in steel prices.

Another factor contributing to the rise in steel prices in Oman is the increasing cost of raw materials used in steel production. Steel raw material has been on the rise in recent years. This has contributed to the increase in the price of steel.

Additionally, the rising cost of energy has also played a role in the rise of steel prices in Oman. Steel production is an energy-intensive process, and the increasing cost of energy has contributed to the higher prices of steel.

Overall, steel prices in Oman have been on the rise in recent years, due to a combination of factors, including increasing demand, the rising cost of raw materials and energy, and other market conditions. While the exact price of steel can vary depending on a variety of factors, businesses and consumers in Oman can expect to pay more for steel than they did in the past.