Middle East and Africa Steel Market By Type Forecast (2016-2023)

Year FLAT STEEL LONG STEEL
2016 $ 49.0 $ 14.7
2017 $ 51.8 $ 15.9
2018 $ 54.8 $ 17.2
2019 $ 55.7 $ 17.8
2020 $ 56.6 $ 18.5
2021 $ 57.8 $ 19.4
2022 $ 59.1 $ 20.2
2023 $ 60.3 $ 21.1
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Middle East and Africa Steel Market By Type Forecast (2016-2023)

Synopsis
The above chart is Global Steel market [2016-2023] Middle East and Africa by Type

Market Dynamics

flat steel segment accounted for the larger market share in 2017, this market is expected to reach usd 60.30 billion in 2023 from usd 51.80 billion in 2017. this market is projected to grow at a cagr of 1.93% during the forecast period from 2018 - 2023. however, long steel segment is the fastest growing market, which is expected to grow at a cagr of 4.17% during the forecast period 2018 - 2023.

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