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19 Jul
09:55

UAE ferrous exports slump despite Pakistan, US surge

United Arab Emirates exports under HS chapter 72 – comprising iron, scrap, ferroalloys, semi-finished products, flat and long products, wire and forged bars – declined -17% on-year in 2017 to 2.5 million tonnes. This is according to UAE Federal Competitiveness and Statistics Authority data monitored by Kallanish. Exports in the fourth quarter reached 718,177t compared to a quarterly-average in 2017 of 626,109t. The top export destination…
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