07
Oct
01:00
Worldsteel revises down MENA 2015 demand growth on political instability
The World Steel Association (WSA) has revised downwards its forecast for Middle East and North Africa apparent steel consumption growth in 2015 to 6.6% year-on-year. Its previous projection issued in April was 9.4%.
The region is now expected to consume 72.1 million tonnes of steel in 2015, rather than 73mt, due to the political instability witnessed in some of its countries. Egypt and South Africa are seen registering the most notable increases, at 9.6% to …
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Anonymous
Very good overview of the weekly steel market.
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