27
Apr
10:42
Subsidy reductions cast doubt over GCC DRI-based steelmaking
The future of direct reduced iron-based steelmaking in the Gulf Cooperation Council could be in doubt as the phasing out of regional energy subsidies is increasing gas-based production costs, participants suggested at a recent industry meeting.
“Every day we hear something new about cutting subsidies,” said Emirates Steel (ESI) chief commercial officer Ahmed Al Dhaheri at Wednesday’s Metal Bulletin World Pellet and DRI Congress attended by Kall…
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Anonymous
Very good overview of the weekly steel market.
Anonymous