Steel Production in Saudi Arabia decreased to 440 Thousand Tonnes in December from 720 Thousand Tonnes in November of 2020. source: World Steel Association

Steel Production in Saudi Arabia averaged 327.81 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 2021.

Steel Production in Saudi Arabia is expected to be 610.00 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 610.00 in 12 months time. In the long-term, the Saudi Arabia Steel Production is projected to trend around 650.00 Thousand Tonnes in 2022, according to our econometric models.

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Saudi Arabia Steel Production

Actual Previous Highest Lowest Dates Unit Frequency
440.00 720.00 754.00 7.00 1988 - 2020 Thousand Tonnes Monthly
Volume, NSA

Saudi Arabia Business Last Previous Highest Lowest Unit
Manufacturing PMI 56.40 56.40 61.80 42.40 points [+]
Industrial Production 0.50 -24.00 25.90 -24.90 percent [+]
Changes in Inventories 14649.00 -20419.00 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 1.90 12.20 21.50 -32.10 percent [+]
Mining Production 0.80 -32.10 22.50 -32.10 percent [+]
Industrial Production Mom 3.50 -1.00 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 53.00 53.00 33.00 Points [+]
Corruption Rank 52.00 51.00 80.00 46.00 [+]
Crude Oil Rigs 32.00 32.00 81.00 11.00 [+]
Ease of Doing Business 62.00 92.00 96.00 10.00 [+]
Steel Production 440.00 720.00 754.00 7.00 Thousand Tonnes [+]