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even if the demand for signs improve, but has remained flat World Pipe network informed. At present, most of the needs of the region are from Abu Dhabi, Abu Dhabi steel demand has picked up. Industry in 2012 in the Middle East steel demand remains optimistic due to the rise in oil prices is conducive to the project of reconstruction and development of the region.
steel futures weekly / monthly analysis report
theMiddle East construction steel demand remains flat world pie network information , especially by the political turmoil of the Middle East and North Africa, Dubai, steel prices fell 10 percent in February, rebar about 2600 dirhams / t.
2011 in the area of structural steel demand is expected to still keep up a strong economic period for 2007. UAE steel demand in 2010 was 2.5 million tons in 2007 to record the peak level of 6 million tons, down more than 50%. The decline in demand is still primarily the 2008 global financial crisis has led to sluggish construction activities of the region.
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