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26 Feb
14:43

Mid-East steel output fails to grow in January

Crude steel output in the four Middle Eastern countries covered by worldsteel’s monthly report was flat on-year in January at 3.23 million tonnes. This came despite Iranian output declining an estimated -2.6% to 2.23mt in January, the country’s first monthly drop in production since February 2016. According to Iranian Steel Producers’ Association (ISPA) data, Iranian apparent finished steel consumption fell -5% on-year in the nine month…
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