09
Dec
00:00
GCC seen not building new steel plants in near future
There are unlikely to be any greenfield steelmaking projects in the Gulf Cooperation Council (GCC) in the foreseeable future, as the regional steel industry concentrates on consolidation and supplying higher value-added products. This is according to a Middle East Economic Digest (MEED) report monitored by Kallanish.
Plans by Emirates Steel (ESI) and SABIC to build new steel plants remain on hold. SABIC is enhancing current facilities and growing its product…
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Anonymous
Very good overview of the weekly steel market.
Anonymous