9 Hrs
Source:
اقتصاد
Arab Steel Faces Barriers
Ahmed Ezz, president of the Arab Iron and Steel Union, called for establishing a common Arab market, beginning with steel and later expanding to fertilizers and textiles. He said this would help counter global protectionism and capitalize on differences in production and needs among Arab countries. The region produced about 43.7 million tonnes of crude steel in 2025, while consumption reached nearly 55 million tonnes. This points to an existing production and demand base, as well as opportunities to cover the shortfall through greater integration. Ezz said a market of around 500 million consumers would encourage investment, despite obstacles such as differing standards, tariffs, rules of origin and trade restrictions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)