December 29, 2024

Newsletter 52-2024

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Japan’s crude steel output forecast to fall 2.5% in Q1 2025

Japan’s Ministry of Economy, Trade and Industry forecast the country’s crude steel output to fall 2.4% in the first three months of 2025 due to slowing demand from the manufacturing and construction sectors. The forecast is expected to lower the world’s third-largest steel producer’s output for the fiscal year ending March 31 to 83.72 million …

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Saudi Arabia: “Roshen” lays the foundation stone for “Al Manar” residential community in Makkah

ROSHN Group, a subsidiary of the Saudi Public Investment Fund, has laid the foundation stone for the Al-Manar project, its first integrated residential community in Makkah. The community is only 20 minutes away from the Grand Mosque, less than an hour from King Abdulaziz International Airport in Jeddah, and two minutes from the western gate …

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