28
Feb
16:54
Jordan shale agreements could reduce steelmaking energy costs
Jordan’s agreements earlier this month to develop oil shale reserves target oil production equivalent to around 35% of national oil consumption and will reduce reliance on imported energy, according to Moody’s. This could drastically reduce energy costs for Jordan’s steelmakers, thereby boosting the country’s crude steel output.
Jordan signed two $2 billion, forty-year concessional agreements with Karak International Oil and Saudi Arabian…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous