27
Apr
14:40
MENA scrap use seen increasing on restricted DRI
The outlook for steel demand over the next five years is bearish due mainly to weaker construction in China’s housing sector, according to Valentina Burrai, Senior Research Manager at Wood Mackenzie. She was addressing delegates at Wednesday’s Metal Bulletin World Pellet and DRI Congress in Dubai.
Just as massive investment in steel capacity over the last few years has led to excess supply, so has investment in China’s centralised economy led t…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous