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15 Dec
10:17

GCC execs reiterate protectionism calls, urge efficiency improvement

Senior Gulf Cooperation Council (GCC) steel executives meeting in Dubai this week have reiterated calls for measures to safeguard against low-priced steel imports. However, they also acknowledged regional producers must focus on cutting costs to become competitive, rather than relying on factors not directly in their control. According to Abdulaziz Al-Humaid, executive vice president metals at Sabic, the region is suffering from unneeded new capacity investment …
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