Saudi Arabia: Al Yamamah Signs $31.7 Million Steel Tower Supply Dealwith L&T Al Yamamah Steel Industries, based in Saudi Arabia, has secured a $31.7 million (SAR 119 million) contract with Larsen & Toubro Saudi Arabia to su 20 Dec at 09:23 GST ...
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India, Iran, Mexico, Saudi Arabia, and Russia have been the top DRI producers in 2011 [10]. As most of this DRI is produced in captive plants, it can be assumed that they are the top consumers too. It is well known that DRI melting consumes more electric energy than scrap. This has...
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Imports of steel scrap totalled 230,000 mt in the first four months of 2023, up 204% YoY. With the liberalisation of imports of raw materials for secondary steel from January 1, 2021, steel scrap imports have been increasing steadily. Yet, China's steel
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Furthermore, export restrictions on the secondary raw material from two more large suppliers — namely the UAE and Saudi Arabia — has has further raised questions over supply for Indian buyers. “Availability is a big concern, with suppliers like the US not getting enough inflo...
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