20
Jul
12:47
Iran's apparent steel use increases on strengthened economy
Iranian apparent finished steel consumption increased 3.2% on-year to 5.32 million tonnes in the first quarter of the Iranian year, or 21 March-21 June, Kallanish observes.
"In the first quarter, the Iranian riyal appreciated against USD and, this year, exchange rates have not seen much volatility," a senior sector analyst comments. "The strengthened local currency has an impact on steel consumption and elevated fossil fuel prices also boosted …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous