21
Jun
15:17
Middle Eastern steel output inches down in May
Crude steel production in the four Middle Eastern countries covered by the World Steel Association’s monthly report inched down -0.4% on-year in May to 2.5 million tonnes, Kallanish learns from worldsteel.
This was despite production growth in the region’s largest producer, Iran, by 13% to 1.65mt. Producers may have taken advantage of higher prices in May, stepping up output to increase sales at home and abroad. Iranian steelmakers have since 20…
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Anonymous
Very good overview of the weekly steel market.
Anonymous