25
Jan
15:56
Middle East DRI output sets record in 2017
Middle Eastern direct reduced iron production finished 2017 strongly, with the four countries covered by worldsteel’s monthly report posting a 25% on-year output surge in December to 2.95 million tonnes.
All four countries saw output rise except Saudi Arabia where largest producer Sabic recorded a -37% slump in December DRI output to an estimated 315,000t, Kallanish notes. Sabic’s crude steel production also slumped that month, by -35.9% to an estima…
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Anonymous
Very good overview of the weekly steel market.
Anonymous