09
Jun
15:31
Pandemic consequences for construction 'severe', say Saudi contractors
Saudi Arabian project awards could decline -20-40% on-year in 2020 as a result of the Covid-19 pandemic, according to the Saudi Contractors Authority (SCA). After the pandemic, contractors will experience unstable demand and new building requirements, while technology is likely to adapt, leading to increased use of pre-fabrication.
The Saudi contracting market has been slowing down due to Covid-19 and lower oil prices. At an estimated average oil price of $30…
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Anonymous
Very good overview of the weekly steel market.
Anonymous