29
Jan
10:42
Mid-East DRI output growth slows in 2019
Direct reduced iron production in the four Middle Eastern countries covered by worldsteel’s monthly report inched up 0.6% on-year in December 2019 to 3.41 million tonnes, Kallanish notes.
This was despite an estimated -1.1% production decline in the region’s largest producer, Iran, to 2.5mt. Iran’s crude steel output that month, however, is estimated to have soared 40% to 2.9mt. Full-year 2019 Iranian DRI production still nevertheless rose 7.7% o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous