28
Apr
11:17
Mid-East DRI output growth outpaces steel in March
Direct reduced iron production in the four Middle Eastern countries covered by worldsteel’s monthly report grew 10% on-year in March to 3.07 million tonnes, Kallanish notes.
The region’s largest producer, Iran, is estimated to have increased DRI output 8.8% in March to 2.3mt, taking first-quarter output up 5.9% on-year to 6.94mt. Iranian crude steel rose an estimated 14% in March to 2.25mt, with Q1 output up 13% to 6.75mt.
The Iranian Steel Producers…
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Anonymous
Very good overview of the weekly steel market.
Anonymous