20
Jun
17:17
Sabic slump slows Mid-East output growth in May
Crude steel production in the four Middle Eastern countries covered by the World Steel Association’s monthly report inched up only 0.7% on-year in May to 2.6 million tonnes, Kallanish learns from worldsteel. January-May output thus grew 9.3% to 12.83mt.
The slow growth was mainly the result of output at Saudi Arabia’s main producer, Sabic, slumping -32% in May to 324,000t. This is the second month in 2017 after March that Sabic’s productio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous