31
Aug
01:00
Egypt 'giant' gas discovery could boost steelmakers
Italian energy group Eni has discovered a giant gas field in the Egyptian offshore, which could go a long way to ending natural gas shortages that hamper Egyptian direct reduced iron output and electricity supply to steel mills.
The gas field is the largest ever found in the Mediterranean Sea and Egypt, according to Eni. It could hold a potential of 30 trillion cubic feet of lean gas (5.5 billion barrels of oil equivalent) and after development meet Egypt&rs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous