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FINANCIAL NEWS
Mena steel demand to grow by 0.6pct
12 Oct 2016
(MENAFN) Demand for steel in the MENA region will grow by 0.6 percent higher to 72.4mn metric tons this year.
Meanwhile, global steel demand will increase by 0.2 percent to a little more than 1.501bn metric tons in the same year.
Last year, Chinese demand contracted to 5.4 percent and witnessed more modest decline of 1 percent this year.
Moreover, world steel forecast a 10.4 percent drop for Central and South American consumption, with Brazil contracting by more than 14 percent.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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