Steel Review
June 2018

The World Steel Association (worldsteel) forecasts that global steel demand will reach 1,616.1 million tonnes (mt) in 2018, an increase of 1.8 per cent over 2017 figures. In 2019, it is forecast that global steel demand will grow by 0.7 per cent to reach 1,626.7 mt.






June 2018

Crude steel output from the Middle East region increased 28.7 per cent year-on-year in March, while first quarter output was up 24.4 per cent from Q1 2017, according to data published by the World Steel Association (worldsteel). Middle East steel output totaled nearly 3.3 million tonnes (mt) in March and more than 9.






June 2018

A new management team has been put into place at Bhushan Steel Ltd after it was acquired by Tata Steel Ltd through India’s new insolvency and bankruptcy process, reported PTI.






June 2018

Sohar Steel has announced receiving Sustainable Construction Steel (SCS) scheme certification from the prestigious CAREs of UKCares certification United Kingdom. Sohar Steel said it is the first steelmaker in the Sultanate to get the SCS scheme certification.






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