08
Sep
10:01
Qatar Steel 2020 performance plummets, UAE mill solid
Qatar Steel (Qasco)’s mothballing of various units in the first half of 2020 led to drastic cuts in crude and finished steel production last year, although its United Arab Emirates rebar mill subsidiary was less affected.
Qatar Steel’s billet production reduced by 53% on-year in 2020 to 1.2 million tonnes, from 2.55mt a year earlier, while rebar output declined 48% to 969,171t, from 1.86mt. Direct reduced iron output plummeted 69% on-year to 752,569t f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous