Mr Adnan bin Hussain Mandourah secretary general of Jeddah Chamber of Commerce and Industry as saying that the steel factories in the Kingdom were currently being expanded to produce more than 3 tonnes of steel annually from next year.

He made the remarks after opening the International Steel & Concrete Exhibition 2012. Saudi Arabia gives special attention to the production of steel.

Mr Mandourah described the 4 day exhibition at the Jeddah Convention Center as the largest of its kind in the region displaying steel products and showing experiments of other countries in the production of steel.

Mr Anis bin Hassan Dahlan exhibition Director expected the show to attract businessmen and investors from Saudi Arabia, the GCC and other countries. It consists of 122 pavilions built on an area of about 8,000 square meters.

Mr Dahlan said that steel factories from Egypt, Turkey and India were taking part in the event. The annual demand for steel in the Saudi market exceeded 6.5 million tonnes in view of the country’s rapid economic development.

He said that construction and mega basic infrastructure projects in the Kingdom have lured the international steel manufacturers. The exhibitors will display the latest technologies being used in the production of steel.

He added that the exhibition would provide an opportunity for manufacturers and decision makers to discuss bilateral cooperation and exchange of expertise.

(Sourced from arabnews.com)