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27 Mar
14:49

Hadeed exports surge, but oversupply still a threat

Saudi Iron & Steel Company (Hadeed) plans to introduce new product grades and sizes, and continue penetrating overseas markets. However, challenges lie ahead, according to parent company Sabic. “The future promises to be challenging, with concerns about the global economy compounding regional issues of over-production and increasing competition from low cost overseas producers,” Sabic says in its annual report monitored by Kallanish. “We ar…
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