08
Apr
09:18
Saudi Arabia stipulates mandatory local content construction materials
Saudi Arabia’s Local Content and Government Procurement Agency has issued a list of construction materials that must be sourced from domestic producers for use in government projects.
The products are allocated preferential rates, or price ceilings, of 15-30%. This means that government projects will be required to procure locally-produced steel even if the product is 15-30% more expensive than the imported alternative. Rebar, galvanized and pre-pa…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous