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31 Mar
11:05

Middle East sees uncharacteristic production dip in February

Crude steel production in the four Middle Eastern countries covered by worldsteel’s monthly report registered an uncharacteristic decline in February, by 0.9% on-year to 3.18 million tonnes, Kallanish notes. This came despite largest producer Iran’s estimated 11.5% output growth to 2.3mt, which took January-February output up 10.8% on-year to 4.95mt. Iranian finished steel apparent consumption – lead by long products – accelerated in the m…
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