24
Aug
11:21
Mid-East July DRI production falls despite UAE rebound
Direct reduced iron production in the four Middle Eastern countries covered by worldsteel’s monthly report declined for the second consecutive month, by -4% on-year in July to 2.23 million tonnes.
United Arab Emirates output bounced back after a weak second quarter, increasing 16% on-year in July to 356,000t. This was only the second month this year that production exceeded 300,000t. Crude steel output in July dropped -1% to 280,000t, suggesting DRI c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous