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25 Jan
14:37

Cold weather-induced gas cuts hit Iranian steel production

Severe cold weather in Iran has forced government-owned gas suppliers and electricity distribution companies to prioritise natural gas and electricity supply to households and curb supply to steelmakers. Large-capacity direct reduced iron plants and steelmakers have seen production limited by at least 40%, Kallanish notes. This curtailment has impacted steelmakers throughout the whole country. Hormozgan Steel (Hosco), located in southern Iran, is receivi…
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