Global economic growth may be affected by US’s iron and steel tariff policy
Organization for Economic Co-operation and Development also stated that the possibility of a trade war threatened the prospects for global economic growth and called for the suppression of the growing tension in global trade.
US forced iron and steel tariffs are not constructive
The current international pattern is undergoing unprecedented and profound changes. The hot and difficult problems have emerged in an endless stream, and unilateralism and protectionism are increasingly on the rise.
The United States imposes taxation on steel and aluminum imports from the European Union, Canada and Mexico and is opposed and revenged
The statement stated that all people in the long-term trade war are losers, and the International Monetary Fund calls on all countries to work together constructively to reduce trade barriers rather than taking extraordinary measures to resolve trade differences.
Using natural gas resources to develop steel industry
At present, Qatar’s domestic iron and steel enterprise team is still not large enough. But with the vigorous promotion of the government, the team will gradually become more fulfilled.
Seek diversification of steel industry, Infrastructure project "Steel demand" keeps rising
Rising demand of oil and gas industry means market steel demand keeps rising, this is a opportunity for steel industry to open market in Qatar. Pipes used for oil and gas transportation is wildely applied in oil and gas industry.
Qatar steel industry is promising
The huge investment in infrastructure projects and abundant oil and gas resources will create opportunities for the development of the steel industry.
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