In their latest research study, "Saudi Arabia Steel Industry Forecast 2017", RNCOS' analysts have identified that steel consumption in the Kingdom has gone up at a faster pace over a decade. The main factors are rising construction activities, growing investment in railway, infrastructure and road projects, and cheap and reliable energy supplies. In 2012, the steel consumption experienced double-digit growth; and in future, it is expected to grow at a CAGR of 11.7% during 2013-2017.
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