Pakistan’s Steel industry news and business
Thursday February 22nd 2018

Categories

Insider

Archives

Weak Gulf steel demand could lead to oversupply


Weak steel demand in the Gulf region might lead to oversupply in the market forcing prices to fall further in the coming weeks, steel traders said on Monday.

Construction had slowed down in the Gulf over the past year as economic crisis set back many of the major projects in the region, curbing appetite for steel. [Read More]