Large Credits for Infrastructure Enterprises to Raise Saudi Steel Production

摘要

A considerably record budget was announced in Saudi Arabia. The budget will raise the local steel production by devoting large sums for infrastructure enterprises. Alahli commercial bank stated in a study that the crude steel production in Saudi Arabia in 2010 is estimated by about 4.6 mlt, almost 0.3% of world steel production. The study, which was sent to UAE on 24th July, pointed out that the Kingdom steel production in 2010 was higher than that of 2009 by 8%.