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23 Feb
15:24

Saudi drags down Middle East January steel output

Crude steel production in the four Middle Eastern countries covered by the World Steel Association’s monthly report declined -11.3% on-year in January to 2.06 million tonnes, Kallanish learns from worldsteel. This was the sixth consecutive month of on-year decline, ensuring the New Year began for Middle Eastern steelmakers the same way 2015 ended. January’s output was also below the 2015-monthly-low of 2.09mt recorded in November. Saudi Arabia was…
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