28
Jul
11:24
Iran’s power outages hamper steel output
Iranian steelmakers Khouzestan Steel (KSC) and Chadormalu Steel have each seen production hampered by power outages in the country.
Chadormalu says it has lost 100,000 tonnes of steel output, despite having its own power plants with combined 535MW capacity.
Company chief executive Nasser Taghizadeh says: “The melting furnace and production units have been closed due to power outages, and the electricity produced in our own power plants is supplied to the gr…
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Anonymous
Very good overview of the weekly steel market.
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