Middle East industry

WEST ASIAN MARKET

Steel consumption in the whole region of the Persian Gulf countries, and especially in the United Arab Emirates, has increased sharply in recent years, with the construction sector underpinning this growth

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In which field do you want to trade?

  • Chemicals
  • Construction Materials
  • Gemstones
  • Metals
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In which field do you want to trade?
  • Chemicals
  • Construction Materials
  • Gemstones
  • Metals
  • Minerals
  • Natural Stones
  • Petrochemicals
  • Petroleum

Which country do you want to trade with?

  • Afghanistan
  • Armenia
  • Azerbaijan
  • Bahrain
  • Egypt
  • Georgia
  • Iran
  • Iraq
  • Israel
  • Jordan
  • Kuwait
  • Lebanon
  • Oman
  • Pakistan
  • Palestine
  • Qatar
  • Saudi Arabia
  • Syria
  • Turkey
  • United Arab Emirates
  • Yemen
Which country do you want to trade with?
  • Afghanistan
  • Armenia
  • Azerbaijan
  • Bahrain
  • Egypt
  • Georgia
  • Iran
  • Iraq
  • Israel
  • Jordan
  • Kuwait
  • Lebanon
  • Oman
  • Pakistan
  • Palestine
  • Qatar
  • Saudi Arabia
  • Syria
  • Turkey
  • United Arab Emirates
  • Yemen
Steel consumption in the whole region of the Persian Gulf countries, and especially in the United Arab Emirates, has increased sharply in recent years, with the construction sector underpinning this growth

Industrial production in European countries decreased by 3.6% in 2019. Meanwhile, Turkey grew by 8.6 percent in the same period. Industrial production is one of the most important indicators of economic growth.

In late 2019, in addition to the problems of sanctions imposed by the United States, another phenomenon was targeted by the manufacturing, businesses and weak and suffering industries of Iran. 

During the two months of Iran's quarantine, according to official reports, a corona pandemic caused a large percentage of factories in the country to close down and many others to close down.

The unexpected growth of construction activities in recent years in the Middle East has made this region very attractive to investors. Meanwhile, Steel consumption in the whole region of the Persian Gulf countries, and especially in the United Arab Emirates, has increased sharply in recent years, with the construction sector underpinning this growth. 

Meanwhile, steel consumption in the whole region of the Persian Gulf countries, and especially in the United Arab Emirates, has increased sharply in recent years, with the construction sector underpinning this growth.
 

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