26
Sep
13:56
GCC’s August crude steel output shrinks, Iran grows
Gulf Cooperation Council countries Saudi Arabia, Qatar and United Arab Emirates saw combined August crude steel output shrink 2.6% on-month but grow 0.7% on-year to 1.15 million tonnes.
The drop was due to diminished construction and infrastructure work in the region’s warmest month. Governments stipulate a minimum three-hour working hour reduction for outdoor construction activities, Kallanish understands.
However, with Iran included, Middle Eastern …
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Anonymous
Very good overview of the weekly steel market.
Anonymous