25
Oct
12:23
Weaker domestic demand, international competition hit Qatar Steel
Qatar Steel (Qasco) saw shipments decline -8% on-year in the nine months through September due to weaker domestic demand as the majority of large infrastructure projects are nearing completion. So says parent company Industries Qatar (IQ) without providing tonnages. However, it adds the near-to-medium prospects remain encouraging.
“Demand for steel in international markets remained subdued due to increased competition from relatively lower cost producers f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous