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Turkey Flat Rolled Products of Stainless Steel Market Overview
94€
- TRY: 5,000 ₺
In accordance with industrial growth in Turkey during recent years, consumption of rolled stainless steel products has increased. Since the outlook of economical growth of this country is highly encouraging, it is expected that the future of demand of flat rolled products of stainless steel rise. Since there are no flat stainless steel producers in Turkey, the majority of the demand is supplied by importing. Asians have been the essential suppliers to this market.
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Saudi Arabia Flat Stainless Steel Market Overview
94€
- TRY: 5,000 ₺
Saudi Arabia is the second biggest consumer of flat rolled products of stainless steel in GCC (Gulf Cooperation Council) countries. Chemical industries, in particular petrochemical industry, are the major consumer industries of flat rolled products of stainless steel in KSA. Oil prices as well as investments in chemical industries are the dominant factors, influencing the demand volume of stainless steel rolled products. Accordingly, the developing plans of KSA along with outlook of future oil prices have made optimistic view of future demand of flat stainless steel products in KSA.
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Oman Crude Steel Market Overview
94€
- 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
94€
- 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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Saudi Arabia Crude Steel Market Overview
94€
- TRY: 5,000 ₺
Saudi Arabia is the biggest oil producer in the world which export constitute 70% of government income. Petroleum industry has introduced Saudi Arabia’s economy to the wealthiest economies list. Relying on huge income of oil export, KSA is planning to modernize the country through mega projects. Note that most of the projects including construction and rail infrastructure are big steel consumers.
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Oman Refined Copper Market Overview
94€
- TRY: 5,000 ₺
Oman’s economy has been slightly ascending since 2000 and reached to its highest at 2014. Note that Oman’s economy is highly dependent to petroleum industry and oil prices. However, its mineral industry is also developed during this period mostly relied on infrastructure development and increase in foreign direct investment. Of this, copper industry in Oman has been evolving in the last decade that it made a big change in this market.
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Saudi Arabia Refined Copper Market Overview
94€
- TRY: 5,000 ₺
Relying on hydrocarbon reserves, Saudi Arabia’s economy is highly dependent to oil and gas industry; while development in non-petroleum economies can be followed by their copper consumption trend. There is no copper smelter and refinery in Saudi Arabia, thus the country is not a refine copper producer. However, this country consumes refined copper in order to produce rod, wire and cables.
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Turkey Refined Copper Market Overview
94€
- TRY: 5,000 ₺
Turkey has a strategic geographical location due to access to high seas as well as handling trade relations with European and Caspian Sea countries, leading to trade opportunities for this country. Accordingly, export income has a contribution to Turkey’s economy. There are many copper consuming manufacturing plants in Turkey which products are sold to international markets. As such, Turkey copper demand increased with CAGR of 6% during 2001-17.
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Bahrain Aluminum and Semis Market Overview
94€
- TRY: 5,000 ₺
Downstream sector of aluminum industry has developed significantly in Bahrain, as Bahrain has become one the major exporter of aluminum semis in the globe, while it is well-known as the second biggest primary aluminum producer in the region. This has raised its aluminum ingot consumption per capita about 10 fold above global mean. Among different sectors of aluminum downstream in Bahrain, more threats attribute to extruders.
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Oman Aluminum and Semis Market Overview
94€
- TRY: 5,000 ₺
Oman is the fourth biggest aluminum primary producer in the Middle East. The key downstream capacities have been developed close to the aluminum smelter in Oman (similar to elsewhere in the Middle East), so that they can easily access to the primary materials in form of liquid hot metal. Using liquid hot metal can save re-melting costs, giving rise to higher competitiveness. Although other producers in the region benefits from neighboring to smelters as well as utilizing secondary resources to feed their capacities, but semis producers in Oman negligibly bring scraps into use, leading to lower competitiveness in comparison with other producers in the region.
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Saudi Arabia Aluminum and Semis Market Overview
94€
- TRY: 5,000 ₺
Although Saudi Arabia has launched production of primary aluminum earlier than producers, but it has experienced appreciable development in downstream sector of aluminum industry. This has brought out more rapid growth rate of consumption per capita in comparison with the globe. Sheets and profiles as the main growing aluminum semis in Saudi Arabia, have encountered a drop in demand; however the demand is still above supply volume, providing strong enough drives for production growth.
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Supply and Demand of Aluminum Rolled Products across Different Regions
94€
- TRY: 5,000 ₺
Rolling mills need considerable amounts of investments. This has confined the distribution of rolling capacities across the globe, dominating trade of rolled products. Meanwhile, China has experienced the more rapid growth in supply market and the Middle East recorded the most quick growing demand market. Faster growth of demands in the Middle East in comparison with its supplies growth, let to deficit market balance, while the considerable capacities in the region are still inactive. The major exporter outside the region to the Middle East is China. It is expected that exports of China decrease in results of slower economy growth together with increasing domestic demands. Accordingly, higher utilization rate of rolling mills in the Middle East is expected.
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