Visible total consumption of steel in Saudi Arabia will grow in three years by 12 percent

Over the past couple of years, the construction boom has made Saudi Arabia one of the most attractive places for sellers of metal rolling. Significant growth in steel consumption and the largest construction services market in the Persian Gulf region with multi -billion dollar projects in the state and private sectors have already been appreciated by many large manufacturers.

In addition, state expenses for construction projects continue to increase. This year, the Saudi Arabian government decided to invest in infrastructure and housing 2 percent more than in 2012. Analysts say that steel consumption in the region continues to increase accelerated for the past 10 years.

The main consumers of metal products are builders of railways, road infrastructure and energy companies. In 2012, the increase in demand for steel in Saudi Arabia was estimated by a two -digit figure and in the future, consumption of steel will grow by an average of 11.7 percent until 2017. In the total volume, sales of reinforcement and rollery will lead in connection with a huge number of planned construction work.