The 10th meeting of the Economic Committee of the Arab Iron and Steel Union was hosted by Qatar Steel in Doha, Qatar, on April 14-15. Representatives from various Arab countries, including Egypt, Saudi Arabia, Bahrain, Algeria, Kuwait, Qatar, Tunisia, Libya, and Morocco, participated in the event.
Discussions focused on the economic landscape in Arab countries amidst shifting regional and global dynamics. Topics included U.S. policy decisions, the war in Gaza, energy price volatility, rising inflation, and new development projects across the Arab world. The committee explored how these factors influence the iron and steel industry, addressing challenges and identifying opportunities.
The Economic Committee continues to play a vital role in evaluating industry performance and the impact of economic trends on steel consumption in the region, publishing biannual reports in May and October with comprehensive analyses.