27
Sep
15:17
Middle-East DRI output rises despite UAE slump
Direct reduced iron production in the four Middle Eastern countries covered by worldsteel's monthly report inched up 0.7% on-year in August to 2.36 million tonnes, Kallanish notes.
This was driven by 6% growth in production in the region’s largest DRI producer, Iran, to an estimated 1.43mt. Blast furnace-based Esfahan Steel restarted its long-idled DRI plant in August (see Kallanish 4 August). The quicker, 15.1% growth in crude steel production that mo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous