Steel Production in Saudi Arabia decreased to 541 Thousand Tonnes in June from 545 Thousand Tonnes in May of 2020.

Steel Production in Saudi Arabia averaged 324.25 Thousand Tonnes from 1988 until 2020, reaching an all time high of 754 Thousand Tonnes in January of 2019 and a record low of 7 Thousand Tonnes in June of 1998. This page has Steel Production values for Saudi Arabia. Saudi Arabia Steel Production - values, historical data and charts - was last updated on August of 2020. source: World Steel Association

Steel Production in Saudi Arabia is expected to be 480.00 Thousand Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Steel Production in Saudi Arabia to stand at 600.00 in 12 months time. In the long-term, the Saudi Arabia Steel Production is projected to trend around 650.00 Thousand Tonnes in 2021, according to our econometric models.

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Saudi Arabia Steel Production

Actual Previous Highest Lowest Dates Unit Frequency
541.00 545.00 754.00 7.00 1988 - 2020 Thousand Tonnes Monthly
Volume, NSA

Saudi Arabia Business Last Previous Highest Lowest Unit
Manufacturing PMI 47.70 48.10 61.80 42.40 points [+]
Industrial Production -15.50 7.00 25.90 -24.90 percent [+]
Changes in Inventories 41286.00 23644.00 64489.00 -51388.00 SAR Million [+]
Internet Speed 6705.52 6321.15 6705.52 1242.08 KBps [+]
IP Addresses 3510242.00 3551866.00 4339235.00 177395.00 IP [+]
Manufacturing Production -25.90 -32.10 21.50 -32.10 percent [+]
Mining Production -8.10 22.50 22.50 -13.10 percent [+]
Industrial Production Mom -21.80 11.35 11.35 -21.80 percent [+]
Competitiveness Index 70.03 67.50 70.03 4.54 Points [+]
Competitiveness Rank 36.00 39.00 41.00 17.00 [+]
Corruption Index 53.00 49.00 53.00 33.00 Points [+]
Corruption Rank 51.00 58.00 80.00 46.00 [+]
Crude Oil Rigs 54.00 53.00 81.00 11.00 [+]
Ease of Doing Business 62.00 92.00 96.00 10.00 [+]
Steel Production 541.00 545.00 754.00 7.00 Thousand Tonnes [+]