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26 Jan
09:08

Mid-East December steel output rises, Egypt falls

Iran, Saudi Arabia, United Arab Emirates and Qatar combined crude steel output inched up 11.9% on-month in December to 3.94 million tonnes, according to the latest worldsteel data. This was driven mainly by Saudi Arabia’s 67.5% production jump. Regional output thus finished 2021 up by 1.2% versus 2020 to 41.2mt, Kallanish notes. Iran produced an estimated 2.79mt of crude steel in December, up 3.3% on November. However, full-year output fell 1…
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