26
Jun
16:50
Mid-East DRI output surges again in May
Middle Eastern direct reduced iron production in the four countries covered by worldsteel’s monthly report surged 29% on-year in May to 3.31 million tonnes, Kallanish notes.
The region’s largest producer, Iran, is estimated to have seen output grow 38% in May to 2.32mt, while its crude steel output that month rose 12.4% to 2.02mt.
Iran has commissioned substantial new DRI capacity in the last 18 months. Five of seven provincial Iranian DRI-EA…
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Anonymous
Very good overview of the weekly steel market.
Anonymous