14
Sep
11:18
Saudi Arabia targets net steel exports by 2030
Saudi Arabia is undertaking an ambitious national steel sector restructuring plan under Saudi Vision 2030. The objective is to increase domestic supply coverage of demand from 67% in 2019 to 99.3% by 2030.
"A few years ago, Saudi steelmakers were registering big financial losses; there were plant closures and defaulted loans," Matar Al-Harthi, vice president for mining and minerals at the National Industrial Development Center, s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous