13
Jan
11:21
Lebanese oil and gas exploration could revive steel
Lebanon’s approval this month of two decrees to start offshore oil and gas exploration is seen as a positive step for future investment in the country, and could help revive domestic steel production. However, it is likely to be over five years before any potential benefits are felt.
The bidding round for Lebanon’s exploration blocks will commence within six months, with 14 companies pre-qualified, and authorities expect the exploration phase to last…
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Anonymous
Very good overview of the weekly steel market.
Anonymous