29
Apr
13:34
Iran's annual steel consumption plunges
Iranian apparent steel consumption fell in the Iranian calendar year through 20 March 2022, according to Iranian Steel Producers Association (ISPA) data posted on its online Chilan portal.
Output also declined while exports surged (see Kallanish passim).
There are different opinions on the consumption decline; however, most sources agree on two points. The depreciation of the local Iranian currency against foreign currencies pulled down purchasing powe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous