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26 Nov
16:05

Qatar growth boosts Mid-East October production

Crude steel production in the four Middle Eastern countries covered by worldsteel’s monthly report increased 2.9% on-year in October to 3.04 million tonnes, Kallanish notes. Qatar, where production is accounted for almost entirely by Qatar Steel, reported an 11% surge in output to 228,000t, which meant January-October output was flat on-year at 2.2mt. The region’s largest producer, Iran, is estimated to have grown production 7.5% in October to 2.2…
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