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29 Feb
12:17

Iran drives Middle East January steel output

Crude steel production in the Middle East, consisting of ten countries, fell 4.8% on-month in January but rose 23.1% on-year to 4.67 million tonnes, driven by Iran, Kallanish notes from worldsteel data. In full-year 2023, the region's combined output rose 1.6% on-year to 54.57mt. The region's largest steel producer, Iran, produced 2.6mt of crude steel in January, down 9.4% on December but up 39.2% on-year. 2023 production was 31.04mt, up 1.5%. Saudi Arab…
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