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Oman’s Steel Wire Market Outlook Report

   January 20, 2021

9,694€

• TRY: 475,000 ₺

Steel wire is produced in different diameters based on its applications. The construction industry is the largest consumer of wire in reinforced concrete (to tie rebar) for the frames and foundations of buildings. Consumable goods such as cages, meshes, and springs with various applications are also instances of steel wire consumption. Steel wire is also used in elevator ropes, power transmission cables, welding electrodes, and mechanical springs in cars. Estimates suggest that Oman’s steel wire market will have relative growth and oversupply over the coming years.