30
Oct
00:00
Flats demand growth offers strong potential for prospective MENA producers, says SABIC
There is strong potential in the Middle East and North Africa (MENA) for investment into production of thin-gauge hot rolled coil, plate and tinplate. The entire requirement of these products is currently imported and all are expected to see demand growth, according to Saudi steelmaker SABIC.
Hot rolled coil demand in Saudi Arabia stands at around 1 million tonnes/year, half of which is for thin-gauge HRC not produced locally. “We believe this [demand/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous