25
May
10:49
GCC crude steel output grows, Egypt, Iran plunge
Fewer working hours in April due to Ramadan did not affect Gulf Cooperation Council crude steel production growth on-year; however, output fell against March, Kallanish notes.
Iran however saw a significant decline in April output, by an estimated 20.7% on-year and 3.3% on-March to 2.22 million tonnes, and dragged Middle East combined crude steel output down 14.5% on-year and 3.2% on-March to 3.34mt. Iran's four-month estimated performance at 9.12mt was 5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous