GCC steel demand ‘deferred’ in 2026 by project award delays
GCC steel demand is expected to reverse sharply in 2026 from the double-digit growth registered in 2025, the World Steel Association (Worldsteel) has said. Demand is forecast down nearly 11 percent this year, driven by delayed construction awards. GCC steel consumption grew by 17.7 percent in 2025, supported by economic diversification, a healthy project pipeline […]
Full article text belongs to the original publisher. Moogle News shows the headline/summary and sends you to the source.
Read full story on publisher site →