19
Apr
09:31
Steel demand growth slows in MENA: worldsteel
Total steel demand in the Middle East and North Africa is forecast by worldsteel to grow by only 0.6% on-year in 2023 and accelerate to 3.4% growth in 2024. This comes after 4.9% growth in 2022.
High fossil fuel prices, strong domestic demand, a recovery in tourism and an inflow of foreign wealth enabled the Gulf Cooperation Council countries to weather the headwinds seen in 2022, Kallanish understands. This made the region one of the best-performing las…
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Anonymous
Very good overview of the weekly steel market.
Anonymous