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22 May
09:13

Middle East steel production slumps in April

Crude steel production in the four Middle Eastern countries covered by the World Steel Association’s monthly report declined -2.6% on-year in April to 2.33 million tonnes, Kallanish learns from worldsteel. This was despite production growth in the region’s largest producer, Iran, by 8% to 1.51mt. April is typically a strong month as it follows the Iranian New Year holiday. Moreover, Iranian producers may have taken advantage of surging international …
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