02
May
12:21
Iran, UAE drive Mid-East DRI output growth
Middle Eastern direct reduced iron production in the four countries covered by worldsteel’s monthly report increased 14% on-year in March to 3.19 million tonnes, Kallanish notes.
The region’s largest producer, Iran, is estimated to have increased production by 25.2% to 2.48mt in March when crude steel output is estimated to have grown 20% to 2.24mt. In the first quarter Iran’s DRI output thus rose an estimated 21.7% on-year to 6.91mt. According…
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Anonymous
Very good overview of the weekly steel market.
Anonymous