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22 Jun
01:00

Middle East steel output growth levels off in May, Iran sole bright spot

Crude steel production in the four Middle Eastern countries covered by the World Steel Association’s monthly report inched up 0.6% on-year in May to 2.51 million tonnes, driven by largest regional producer Iran, Kallanish learns from worldsteel. Production in the region has levelled off after consecutive monthly increases in the first quarter followed by a drop in April. Iran’s crude steel output rose 2.4% on-year in May to 1.46mt, taki…
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