Market Report, "Basic Iron and Steel in Saudi Arabia: Industrial Report", Published
Domestic demand grows by 28% over the review period despite a 41% slump in 2009 taking the market to SR46.7 billion in 2012. Imported production accounts for 73% of the total category in 2012 while penetration decreases greatly. The turnover of local producers grows by 72% from 2007, greatly outperforming the category. Exports decrease in importance as a source of revenue, generating 40% of turnover. Production revenue is expected to grow by 66% over the forecast period amid continuous demand...
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