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GCC investing $18 billion in new steel plants

zawya.com
May 19, 2008
        
Story Timeline:  147 days

More than US$18 billion is being invested in 46 steel manufacturing plants throughout the Arabian Gulf in an attempt to close the widening gap between supply and demand for steel - a major component for the construction industry as well as materials handling machinery for manufacturing [read full story]                    

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Latest article on this story:

Gulf region investing over $18 bn in new steel plants

 indiaenews.com May 21, 2008
First article on this story:

GCC investing US$18 billion in new steel plants

 zawya.com May 19, 2008
Selected publications with coverage of this story:
iht.com zawya.com menafn.com ameinfo.com indiaenews.com
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Gulf region investing over $18 bn in new steel plants

indiaenews.com
May 21, 2008
        

More than $18 billion is being invested in 46 steel manufacturing plants throughout the Gulf to meet the region's increasing demand for steel, WAM news agency reported Wednesday. ... According to the database of research company Proleads, which monitors major construction...

Report: Gulf countries to invest US$18 billion in steel to sustain construction boom

iht.com
May 20, 2008
        

Gulf countries plan to invest US$18 billion in steel production to meet soaring demand because of the region's unprecedented construction boom, the United Arab Emirates' state-run news agency reported Tuesday. Oil-rich Arab countries in the Persian Gulf will invest in 46 steel manufacturing...

GCC invests $18b in 46 new steel plants

menafn.com
May 20, 2008
        

GCC countries are forging ahead with 46 new steel manufacturing projects requiring a total investment of $18 billion in a race to close the widening gap in supply and demand of steel that has led to a steep surge in prices. According to Proleads, which monitors major construction projects across...

$1bn VALE project ranks among top 10 steel-based ventures in Gulf

zawya.com
May 20, 2008
        

MUSCAT -- The $1 billion iron ore pellet plant planned at the Port of Sohar by Companhia Vale do Rio Doce (VALE), the global giant in the mining industry, has been ranked among the top 10 steel and related projects in the GCC. More than $18 billion is being invested in 46 steel manufacturing...

GCC States To Invest $18Bn In Steel Projects

zawya.com
May 20, 2008
        

The UAE and other Gulf Arab oil producers are planning to pump nearly $18 billion (Dh66bn) into 46 steel projects to expand output and face a rapid growth in domestic demand, according to a regional research centre. "More than $18bn is being invested in 46 steel manufacturing plants throughout...

GCC states finance 46 new steel facilities

menafn.com
May 20, 2008
        

The GCC states will invest $18 billion in 46 new steel manufacturing projects in an effort to close the widening gap in supply and demand of steel that has led to a steep surge in prices, Gulf News reported. Saudi Arabia is currently implementing 17 developments and the UAE with 16 projects, are...

GCC investing $18bn in new steel plants

ameinfo.com
May 19, 2008
        

More than $18bn is being invested in 46 steel manufacturing plants throughout the Arabian Gulf in an attempt to close the widening gap between supply and demand for steel - a major component for the construction industry as well as materials handling machinery for manufacturing, according to...

GCC investing $18b in new steel plants

menafn.com
May 19, 2008
        

More than US$18 billion is being invested in 46 steel manufacturing plants throughout the Arabian Gulf in an attempt to close the widening gap between supply and demand for steel - a major component for the construction industry as well as materials handling machinery for manufacturing, according...

GCC investing US$18 billion in new steel plants

zawya.com
May 19, 2008
        

Race to close the gap in supply and demand means big business opportunities, say organisers of region's leading manufacturing exhibition More than US$18 billion is being invested in 46 steel manufacturing plants throughout the Arabian Gulf in an attempt to close the widening gap between supply...