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2024-05-23 18:52 Tisco
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Middle East steel market expected to see significant growth******The Middle East steel market is poised for significant growth in the coming years. Demand for steel products is driven by a range of factors, including infrastructure development, construction projects, and the expansion of the oil and gas sector. According to a report by ResearchAndMarkets, the Middle East steel market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2020 to 2025, reaching a total value of USD 29.4 billion by the end of the forecast period.
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