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25 Nov
11:42

Saudi 2020-high output lifts Mid-East production

Crude steel production in the four Middle Eastern countries covered by worldsteel’s monthly report rebounded in October, following six consecutive months of decline, by 16.8% on-year to 3.65 million tonnes, Kallanish notes. Iran is estimated to have seen output surge 28% on-year to 2.66mt, taking January-October output up 12.6% on-year to 23.79mt. In September Iran is confirmed to have seen an 11% on-year output growth, rather than the -2.2% drop worldsteel …
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