Middle East-North Africa Steel Industry has Brighter Prospects Looking Forward

Middle East-North Africa Steel Industry has Brighter Prospects Looking Forward

JOHANNESBURG--September 10, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--While gross domestic product (GDP) forecasts have been drifting into negative territory for some emerging and developing economies, and uncertainty exists as to whether the Chinese economy is going to have a softer or harder landing than expected, prospects are mixed for North African countries. They range from very fragile to hopes based on plans and projects that were put into place before the recent security, political and currency upheavals. Within this article: Outlook for steel mill and iron mine development in the Middle East-North Africa Region.

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