Steel and Ferrous
Showing all 5 results
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United Arab Emirates Flat rolled products of Stainless Steel Market Overview
102€
- TRY: 5,000 ₺
Although the effect of non-oil industries in UAE’s economy has been growing lately, but still oil sector has the most impact on country’s economy. Accordingly, the oil prices drop in 2014 slowed the economy growth of UAE. While UAE was trying to decrease its economy reliant on petroleum by boosting investments in non-oil sector industries, the drops in oil prices lagged the progress. Since some of developing industries in non-oil sector were consumers of flat rolled products of stainless steel, the disruption in investments influenced these products consumption.
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Middle East Crude Steel Market Overview
102€
- TRY: 5,000 ₺
Half a century passed since beginning of steel production in the middle east. However, steel industry has not been matured as well as petroleum industry. Before 2000, the growth rate of steel industry in the region was slightly slow because of lower profit in comparison with oil production. In the current decade, oil price fluctuations threatened the petroleum-based economies. Accordingly, such countries changed their policies to reduce their economies’ dependency to petroleum income.
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Oman Crude Steel Market Overview
102€
- TRY: 5,000 ₺
Steel production in Oman has been started in the current decade, while is growing rapidly on the support of comprehensive planning and increase in foreign direct investment. Jindal and Vale are the international companies invested in Oman for steel production. High crude steel consumption per capita in Oman has put this country in the fifth position in the GCC region.
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Qatar Crude Steel Market Overview
102€
- TRY: 5,000 ₺
Steel production in Qatar is totally dedicated to its local market. Accordingly, this country does not play important role in the international trades. Recently, the plan of holding 2022 World Cup in Qatar along with its diplomatic tensions with KSA are the most significant factors affecting steel industry in this country.
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United Arab Emirates Crude Steel Market Overview
102€
- TRY: 5,000 ₺
United Arab Emirates’ GDP equals with the wealthiest European countries. Although UAE hosts one of the biggest oil reserves in the world, its economy is not dependent to petroleum income at all. Steel industry has a big contribution to the non-petroleum industries development.
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