Middle East and Africa Steel Market COVID-19 Impact Analysis, Demand and Industry Forecast Report 2

The flat steel sector held the most market share in 2017. It is anticipated that this market would grow from USD 51.80 billion in 2017 to USD 60.30 billion in 2023. Over the projection period of 2018 to 2023, this market is expected to increase at a compound annual growth rate of 1.93%. The market with the quickest rate of growth, however, is the long steel category, which is anticipated to increase at a compound annual growth rate of 4.17% between 2018 and 2023.

Middle East and Africa Steel Market COVID-19 Impact Analysis, Demand and Industry Forecast Report 2

The flat steel sector held the most market share in 2017. It is anticipated that this market would grow from USD 51.80 billion in 2017 to USD 60.30 billion in 2023. Over the projection period of 2018 to 2023, this market is expected to increase at a compound annual growth rate of 1.93%. The market with the quickest rate of growth, however, is the long steel category, which is anticipated to increase at a compound annual growth rate of 4.17% between 2018 and 2023.