30
Apr
12:24
Lebanon sources less Saudi rebar, more Iranian steel
Lebanese imports of rebar slumped -42% on-year in 2019 to 343,132 tonnes, according to Lebanese Customs data monitored by Kallanish.
The main supplier was Ukraine with 113,314t, down -47%. Intake from Turkey, however, rose 3% to 105,539t. Rebar imports from Saudi Arabia totalled only 38,732t versus 182,385t in 2018. These were to some extent replaced with intake from Iran which was 32,201t in 2019 compared to zero a year earlier.
Lebanon also imported 2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous