22
Mar
12:52
Saudi drags down Middle East February steel output
Crude steel production in the four Middle Eastern countries covered by the World Steel Association’s monthly report declined for the seventh consecutive month, by -7.1% on-year in February to 2.18 million tonnes. The main factor for the decline, as in January, was plummeting Saudi output, Kallanish learns from worldsteel.
Crude steel output at Saudi’s largest steelmaker, Sabic, declined -26% on-year in February to 375,000t. This took January-February…
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Anonymous
Very good overview of the weekly steel market.
Anonymous