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Iran dragged the combined crude steel output of Middle Eastern countries in May down 10% on-year, although it was up 3.4% on-April, to 3.5 million tonnes, according to the latest worldsteel data. South African output meanwhile plummeted 40% on-month. In the Middle East, besides Iran, each country increased output on-month and on-year by some 3-16%; however, Iran's drop pulled the regional figure down into negative territory. January-May combined output shrank …
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