Off the Wire

 ​GCC’s Iron or Steel Wire Market to See Modest Growth with +0.9% CAGR from 2024 to 2035 – News and Statistics 

The demand for iron and steel wire products in the GCC region is on the rise, leading to an expected increase in market consumption over the next decade. Market performance is predicted to slow down slightly, with a projected growth rate of +0.9% for the period from 2024 to 2035. By the end of 2035, the market volume is anticipated to reach 65K tons, while the market value is expected to hit $185M (in nominal prices) with a +2.2% CAGR.

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