27
May
15:01
Bahrain Steel raises GCC sales, awaits Saudi reopening
Bahrain Steel improved its sales considerably in 2019 thanks to its iron ore pellet feed procurement agreement signed last year with Anglo American, a source close to the pellet maker tells Kallanish.
Overall sales exceeded 10mt, up by around 25% versus 2018. Exports numbered 8.4mt, with Saudi Arabia, Oman and United Arab Emirates taking in 1.8mt, 1.7mt and 1.5mt respectively. Around 2mt was sold to Bahrain Steel’s sister company Sulb Steel, a direct reduced…
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Anonymous
Very good overview of the weekly steel market.
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