16
May
10:46
Iranian authorities notify steelmakers of electricity shortage expectations
Iranian steel producers have received the first tangible details from the government of the electricity shortages anticipated in this year’s summer period, Kallanish notes.
Although no official announcement has been made, energy-intensive heavy industries, including steel companies, have been verbally told to reduce their electricity consumption by 50% in June, July, and September, as well as 70% in August. Due to extreme heat, household electricity consumpt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous