Companies

imported 2024-03-17 17:43:06

Largest Steel Companies in Saudi Arabia

The current demand for steel in Saudi Arabia is around 10-12 million tons per year. The current capacity of Saudi steel companies is 8m tons per year. The demand for steel is to grow by 19.5% on the backdrop of large governmental project, infrastructure spending, transportation and most importantly housing projects. 70% of Saudi population does not own any house at all. The supply is supposed to grow by 9%.

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