High Capital Investments Towards Infrastructure to Boost Saudi Steel Industry
Saudi Arabia steel industry is expected to experience high growth attributed mainly by the increasing investment towards the construction sectors. Increasing population creates a huge demand for new housing, residential, hospitals, and transportation as well as communication systems within the Kingdom. To meet these demands Saudi Arabia government had decided to increase its budgetary expenses towards the construction activities around the Kingdom. It is expected that, it will create a huge steel demand in the Kingdom in future.
View full press release