18
Jun
01:00
Saudi stadium plan reduction to have little impact on rebar market
The decision by Saudi Arabia to reduce the number of new football stadiums it plans to build from 11 to two is unlikely to have a large impact on the country’s rebar market, local sources tell Kallanish.
The plan would have seen the construction of eleven 45,000-capacity grounds based on the €384 million, 60,000-capacity King Abdullah Sports City in Jeddah that opened in May 2014. However, the slump in oil prices has forced the Saudi government to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous