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Steel consumption accelerates in Saudi Arabia

Steel consumption accelerates in Saudi Arabia

According to a new research report Saudi Arabia Steel Industry Forecast to 2013, steel consumption in Saudi Arabia has rapidly surged over the past few years on the back of construction boom, growing investment in real estate and cheap & reliable gas or energy supply. Economic growth has also contributed substantially to raise domestic steel [...]

Middle East emerging as strong contender for steel industry

Middle East emerging as strong contender for steel industry

Commodity reported that Middle East region is now emerging as a strong contender for steel industry as not only government backed projects but also independents have been heavily investing in the steel capacities that is poised to change the recognition of the region from oil pocket to steel hub in coming years. Steel companies in the Middle [...]

Middle East emerging as strong contender for steel industr

Middle East emerging as strong contender for steel industr

Commodity reported that Middle East region is now emerging as a strong contender for steel industry as not only government backed projects but also independents have been heavily investing in the steel capacities that is poised to change the recognition of the region from oil pocket to steel hub in coming years. Steel companies in the Middle [...]

Track real time steel prices in Middle East

Track real time steel prices in Middle East

www.steelprices-middleesat.com is a comprehensive service for tracking real time domestic steel prices and trends in Middle East. The scope of service includes 1. Domestic pricing information in UAE, Saudi Arab, Qatar, Kuwait and Bahrain 2. Export levels from Turkey, Rotterdam, China, India and Black Sea The service is specifically [...]

Turkey’s steel exports to MENA decline by 30 percent in Jan-Apr 2010

Turkey’s steel exports to MENA decline by 30 percent in Jan-Apr 2010

Turkey's steel product exports to the MENA (Middle East and North Africa) region in the first four months of 2010 declined by 29.99 percent year on year to 3.27 million metric tons, according to the data provided by the Istanbul Mineral and Metals Exporters' Association (IMMIB). Meanwhile, the region continued to be Turkey's major export market, [...]

Arabian Construction Week 2010 Draws Over 2,000 Visitors on Opening Day

Arabian Construction Week 2010 Draws Over 2,000 Visitors on Opening Day

Arabian Construction Week, the region's international exhibition incorporating four dedicated vertical trade exhibitions and two regional summits on sustainability, innovation and infrastructure, has attracted over 2,000 visitors on the opening day of the event. The three-day event covering over 8,000 sq metre area at the Abu Dhabi National [...]

Dubai to recycle concrete and steel from demolition sites

Dubai to recycle concrete and steel from demolition sites

Gulf News reported that Dubai Efforts to recycle concrete and steel from demolition sites in the UAE are going to waste as few contractors use the locally produced recycled building material despite its environmental benefits. A construction waste expert said that since it costs a mere AED 10 for each truckload of construction waste dumped into [...]

Rising investment in real estate boosts steel demand in Kingdom

Rising investment in real estate boosts steel demand in Kingdom

JEDDAH - The increase in real estate projects in different parts of Saudi Arabia, coupled with government initiatives, are currently the key boosters in an upsurge in steel consumption in the country. As such, Saudi Arabia represents one of the fastest growing steel industries in the Middle East, a new industry report said on Friday. Over the [...]

Jindal steel to buy Oman’ Shadeed Iron for $464 mln

Jindal steel to buy Oman’ Shadeed Iron for $464 mln

Jindal steel to buy Oman’ Shadeed Iron for $464 mln India’s major steel producer, Jindal Steel and Power Ltd., said it has agreed to buy Oman-based Shadeed Iron and Steel Co. for $464 million to help expand into the Middle East and north African countries. There is a strong demand for steel in the Middle East and north African countries, [...]

RNCOS Releases a New Report – Saudi Arabia Steel Industry Forecast to 2013

RNCOS Releases a New Report – Saudi Arabia Steel Industry Forecast to 2013

RNCOS has recently added a new Market Research Report titled, “Saudi Arabia Steel Industry Forecast to 2013” to its report gallery. Saudi Arabia represents one of the fastest growing steel industries in the Middle East. Over the past few years, the rapid economic development has led to skyrocketing growth in the construction and infrastructure [...]

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