Saudi Arabia Steel Industry Forecast to 2013
Saudi Arabia represents one of the fastest growing steel industries in the Middle East. Over the past few years, the rapid economic development has led to skyrocketing growth in the construction and infrastructure industry, which has boosted steel demand in the country and caught the attention of global steel giants.
According to our new research report 'Saudi Arabia Steel Industry Forecast to 2013', steel consumption in Saudi Arabia has rapidly surged over the past few years on the back of construction boom, growing investment
in real estate and cheap & reliable gas/energy supply. Economic growth has also contributed substantially to raise domestic steel consumption by accelerating business activities. In fact, the impact of economic slowdown on the real estate projects was minimal. Out of the total real estate projects worth US$ 543 Billion, mere 4% have been cancelled or delayed. Hence, all these factors have fueled the consumption of iron and steel in the Kingdom to reach around 14.8 Million Metric Tons in 2009.
At present, the steel industry in Saudi Arabia is highly import oriented. In 2008, the Kingdom imported around 6.3 Million Metric Tons of steel which accounted for majority of domestic steel consumption. However, the situation is expected to reverse in future with the escalation of domestic production. We anticipate that the share of imported steel will see a downward trend in coming years as several major capacity expansion plans of manufacturers under pipeline.
Our research has also found the factors which will drive growth in Saudi Arabia?s steel industry during the forecast period. The report has identified that increase real estate projects in different parts of the country are currently the key boosters, and this trend coupled with government initiatives will play a greater role in promoting reforms and increasing competitiveness.
'Saudi Arabia Steel Industry Forecast to 2013', is an outcome of extensive research and thorough analysis of the steel industry in Saudi Arabia. The report provides an insight into the steel industry
past, present and future scenario considering all prominent steel industry value chain determinants including production, consumption, trade, pricing, key players, etc. With immense growth potential, our report foresees huge opportunities for existing as well as new market players. The report also studies the implications of regulatory environment on the steel industry, with focus of developments and initiatives taken by the government. In addition, the section of steel pricing analysis updates clients about the fluctuating pricing trend in context of factors responsible for the trend.
Table of Contents
1. Analyst View
2. Saudi Arabia Steel Industry in GCC Context
3. Growth Drivers
3.1 Growing Economy
3.2 Infrastructure Projects
3.3 Economic Cities Construction
3.4 Energy Efficiency
3.5 Per Capita Steel Consumption
4. Saudi Arabia Steel Industry Outlook to 2013
4.1 Production
4.2 Consumption
4.3 Steel Trade Scenario
4.3.1 Import
4.3.2 Export
4.4 Top Players
5. Industry Analysis
5.1 Import Reliance
5.2 Rebar Steel Consumption
5.3 Direct Reduced Iron (DRI)
5.4 Environmental Concerns
6. Regulatory Environment
7. Steel Pricing Analysis
8. Competitive Landscape
8.1 SABIC
8.2 Ittefaq Steel Mills
8.3 Al-Rajhi Steel
8.4 United Gulf Steel
8.5 Attieh Steel
List of Figures:
Figure 2-1: GCC - Iron and Primary Steel Production Capacity by Country (Million Metric Tons), 2008
Figure 2-2: GCC - Forecast for Iron and Primary Steel Production Capacity by Country (Million Metric Tons), 2011
Figure 2-3: GCC - Apparent Steel Use by Country (Million Metric Tons), 2008
Figure 2-4: GCC - Per Capita Apparent Steel Use by Country (Kg), 2008
Figure 2-5: GCC - Steel Import (Million Metric Tons), 2004-2008
Figure 2-6: GCC - Construction Industry (Billion US$), 2007-2009
Figure 2-7: GCC - Forecast for Construction Industry (Billion US$), 2010 & 2011
Figure 3-1: Real GDP Growth (%), 2007-2012
Figure 3-2: Construction Industry (Billion US$), 2008 & 2009
Figure 3-3: Forecast for Construction Industry (Billion US$), 2010 & 2011
Figure 3-4: Per Capita Apparent Steel Consumption (Kg), 2006-2009
Figure 4-1: Crude Steel Production (Million Metric Tons), 2006-2009
Figure 4-2: Forecast for Crude Steel Production (Million Metric Tons) 2010-2013
Figure 4-3: Iron and Steel Consumption (Million Metric Tons), 2006-2009
Figure 4-4: Consumption of Iron and Steel by Product Category (%), 2009
Figure 4-5: Forecast for Iron and Steel Consumption (Million Metric Tons), 2010-2013
Figure 4-6: Steel Import (Million Metric Tons), 2006-2009
Figure 4-7: Forecast for Steel Import (Million Metric Tons), 2010-2013
Figure 4-8: Iron Ore Import (Million Metric Tons), 2006-2008
Figure 4-9: Semi-finished and Finished Steel Products Export (Million Metric Tons), 2006-2008
Figure 5-1: GCC - Steel Import by Country (%), 2008
Figure 5-2: Share of Rebar Steel in Steel Consumption (2009)
Figure 5-3: Direct Reduced Iron Capacity (Million Metric Tons), 2005-2008
Figure 5-4: CO2 Emmision (Million Tonnes), 2005-2007
Figure 7-1: Average Iron and Steel Price (SR/Tonne), 2006-2009
List of Tables:
Table 2-1: GCC - Major Steel Projects by Capacity and Contract Value (Million US$)
Table 3-1: Overview of Economic Cities Project
Table 3-2: Saudi Electric Company (SEC) Proposed Power Generation Projects (2010-2017)
Table 4-1: Steel Import by Product (Million Metric Tons), 2006-2008
Table 4-2: Major Steel Companies by Category and Capacity (Million Metric Tons/Year)
Companies Mentioned
- SABIC
- Ittefaq Steel Mills
- Al-Rajhi Steel
- United Gulf Steel
- Attieh Steel
Number of Pages: 50
Published Date: 01 May 2010
Format: Adobe Reader (PDF) Upto 24 hour delivery
Electronic Access - Single User License US$ 1000.00
CD-ROM Mail Delivery US$ 1200.00
Hard Copy Mail Delivery US$ 1200.00
Electronic Access - Multi-User License US$ 1800.00
How to order
Ordering the report is simple. To get the report, please get in touch with reports@steelguru.com or send a fax at +91 124 4048994
Disclaimer
This report was made by RNCOS, India based on secondary research. SteelGuru doesn't guarantee or endorse the correctness or completeness of the contents. SteelGuru does not take any liability or complaints arising out of the same in any way, whatsoever.
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According to our new research report 'Saudi Arabia Steel Industry Forecast to 2013', steel consumption in Saudi Arabia has rapidly surged over the past few years on the back of construction boom, growing investment
in real estate and cheap & reliable gas/energy supply. Economic growth has also contributed substantially to raise domestic steel consumption by accelerating business activities. In fact, the impact of economic slowdown on the real estate projects was minimal. Out of the total real estate projects worth US$ 543 Billion, mere 4% have been cancelled or delayed. Hence, all these factors have fueled the consumption of iron and steel in the Kingdom to reach around 14.8 Million Metric Tons in 2009.
At present, the steel industry in Saudi Arabia is highly import oriented. In 2008, the Kingdom imported around 6.3 Million Metric Tons of steel which accounted for majority of domestic steel consumption. However, the situation is expected to reverse in future with the escalation of domestic production. We anticipate that the share of imported steel will see a downward trend in coming years as several major capacity expansion plans of manufacturers under pipeline.
Our research has also found the factors which will drive growth in Saudi Arabia?s steel industry during the forecast period. The report has identified that increase real estate projects in different parts of the country are currently the key boosters, and this trend coupled with government initiatives will play a greater role in promoting reforms and increasing competitiveness.
'Saudi Arabia Steel Industry Forecast to 2013', is an outcome of extensive research and thorough analysis of the steel industry in Saudi Arabia. The report provides an insight into the steel industry
past, present and future scenario considering all prominent steel industry value chain determinants including production, consumption, trade, pricing, key players, etc. With immense growth potential, our report foresees huge opportunities for existing as well as new market players. The report also studies the implications of regulatory environment on the steel industry, with focus of developments and initiatives taken by the government. In addition, the section of steel pricing analysis updates clients about the fluctuating pricing trend in context of factors responsible for the trend.
Table of Contents
1. Analyst View
2. Saudi Arabia Steel Industry in GCC Context
3. Growth Drivers
3.1 Growing Economy
3.2 Infrastructure Projects
3.3 Economic Cities Construction
3.4 Energy Efficiency
3.5 Per Capita Steel Consumption
4. Saudi Arabia Steel Industry Outlook to 2013
4.1 Production
4.2 Consumption
4.3 Steel Trade Scenario
4.3.1 Import
4.3.2 Export
4.4 Top Players
5. Industry Analysis
5.1 Import Reliance
5.2 Rebar Steel Consumption
5.3 Direct Reduced Iron (DRI)
5.4 Environmental Concerns
6. Regulatory Environment
7. Steel Pricing Analysis
8. Competitive Landscape
8.1 SABIC
8.2 Ittefaq Steel Mills
8.3 Al-Rajhi Steel
8.4 United Gulf Steel
8.5 Attieh Steel
List of Figures:
Figure 2-1: GCC - Iron and Primary Steel Production Capacity by Country (Million Metric Tons), 2008
Figure 2-2: GCC - Forecast for Iron and Primary Steel Production Capacity by Country (Million Metric Tons), 2011
Figure 2-3: GCC - Apparent Steel Use by Country (Million Metric Tons), 2008
Figure 2-4: GCC - Per Capita Apparent Steel Use by Country (Kg), 2008
Figure 2-5: GCC - Steel Import (Million Metric Tons), 2004-2008
Figure 2-6: GCC - Construction Industry (Billion US$), 2007-2009
Figure 2-7: GCC - Forecast for Construction Industry (Billion US$), 2010 & 2011
Figure 3-1: Real GDP Growth (%), 2007-2012
Figure 3-2: Construction Industry (Billion US$), 2008 & 2009
Figure 3-3: Forecast for Construction Industry (Billion US$), 2010 & 2011
Figure 3-4: Per Capita Apparent Steel Consumption (Kg), 2006-2009
Figure 4-1: Crude Steel Production (Million Metric Tons), 2006-2009
Figure 4-2: Forecast for Crude Steel Production (Million Metric Tons) 2010-2013
Figure 4-3: Iron and Steel Consumption (Million Metric Tons), 2006-2009
Figure 4-4: Consumption of Iron and Steel by Product Category (%), 2009
Figure 4-5: Forecast for Iron and Steel Consumption (Million Metric Tons), 2010-2013
Figure 4-6: Steel Import (Million Metric Tons), 2006-2009
Figure 4-7: Forecast for Steel Import (Million Metric Tons), 2010-2013
Figure 4-8: Iron Ore Import (Million Metric Tons), 2006-2008
Figure 4-9: Semi-finished and Finished Steel Products Export (Million Metric Tons), 2006-2008
Figure 5-1: GCC - Steel Import by Country (%), 2008
Figure 5-2: Share of Rebar Steel in Steel Consumption (2009)
Figure 5-3: Direct Reduced Iron Capacity (Million Metric Tons), 2005-2008
Figure 5-4: CO2 Emmision (Million Tonnes), 2005-2007
Figure 7-1: Average Iron and Steel Price (SR/Tonne), 2006-2009
List of Tables:
Table 2-1: GCC - Major Steel Projects by Capacity and Contract Value (Million US$)
Table 3-1: Overview of Economic Cities Project
Table 3-2: Saudi Electric Company (SEC) Proposed Power Generation Projects (2010-2017)
Table 4-1: Steel Import by Product (Million Metric Tons), 2006-2008
Table 4-2: Major Steel Companies by Category and Capacity (Million Metric Tons/Year)
Companies Mentioned
- SABIC
- Ittefaq Steel Mills
- Al-Rajhi Steel
- United Gulf Steel
- Attieh Steel
Number of Pages: 50
Published Date: 01 May 2010
Format: Adobe Reader (PDF) Upto 24 hour delivery
Electronic Access - Single User License US$ 1000.00
CD-ROM Mail Delivery US$ 1200.00
Hard Copy Mail Delivery US$ 1200.00
Electronic Access - Multi-User License US$ 1800.00
How to order
Ordering the report is simple. To get the report, please get in touch with reports@steelguru.com or send a fax at +91 124 4048994
Disclaimer
This report was made by RNCOS, India based on secondary research. SteelGuru doesn't guarantee or endorse the correctness or completeness of the contents. SteelGuru does not take any liability or complaints arising out of the same in any way, whatsoever.








