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Middle East crude steel output increased by 7.3% during the month of May year-on-year

According to most recent data published by the World Steel Association (World Steel), the crude steel production by the Middle East region increased by 7.3% during the month of May year-on-year.

The total crude steel production by Iran during May was 1.330 Million tonnes, increasing by 3.3% in comparison with the May 2013 production of 1.287 Million tonnes. Qatar produced 254,000 tonnes of crude steel, higher by 32.3% when compared to 192,000 tonnes production achieved during May 2013. Meantime, Saudi Arabia’s crude steel output surged over the year to 540,000 tonnes during May this year. The total crude steel production by the UAE during May was 268,000 tonnes, marginally down by 0.9% in comparison with the May 2013 production of 271,000 tonnes.
 
The total crude steel production by Iran during April was 1.285 Million tonnes, increasing marginally by 1.6% in comparison with the April 2013 production of 1.264 Million tonnes. Qatar produced 254,000 tonnes of crude steel, higher by 35.1% when compared to 188,000 tonnes production achieved during April 2013. Meantime, Saudi Arabia’s crude steel output surged over the year to 505,000 tonnes during April this year. The total crude steel production by the UAE during April was 246,000 tonnes, up 35.6% in comparison with the April 2013 production of 181,000 tonnes.
 
The following table provides cumulative crude steel output for the first five months in 2014 in comparison with those during same period in 2013.
 
 

Country

5 months (2014)

5 months (2013)

% Change

Iran

6,344

6,077

+4.4

Qatar

1,191

957

+24.5

Saudi Arabia

2,617

2,303

+13.6

UAE

1,108

1,150

-3.7

 
 

(Note:Output in thousands of tonnes) 

Source:Scrap Monster

(www.yaang.com)

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