Demand on Saudi steel to grow by 10pct

29 Sep 2016

(MENAFN) Demand on the Saudi steel sector will grow by 20 percent amid the fourth quarter of this year.

Additionally, low steel prices became encouraging for the development of some private projects, while the local product became better than the global.

Moreover, the kingdom implements a number of projects in co-op with the Saudi ministries, involving the housing ministry.

Moreover, the kingdom will see a new growth rate this year, which is lower than the last five-year rates.

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