26
Oct
14:20
Middle East production growth slows to 2018-low
Crude steel output in the four Middle Eastern countries covered by worldsteel’s monthly report grew in September at its slowest rate so far in 2018, rising only 2.9% on-year to 2.93 million tonnes.
This was mainly due to growth in Iran, which has carried regional output throughout much of this year with double-digit increases, rising only by an estimated 4.3% to 2mt. This suggests US economic sanctions on Iran, reintroduced in early August, are starti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous