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The 6 main reasons of strong steel demand in automobile industry

Automobile is one the major industries demanding steel globally. So investigation of car industry can help analyst to predict steel market! A report was published in World Steel website, analyzing why automobile industry is strongly demanding steel: Strong but cost effective: steel in comparison with aluminum and some compact plastics is stronger and also more…

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Global Steel Output in July

Globally, the speed of #steel_production cooled down in July. 156.89 million MT of #steel was produced in July (+1.9%) which in comparison with the first 7 month of 2019=1083 million MT (+4.5%) has reduced significantly. #Iran by producing 2.2 million MT steel (+11.1%) in July seen an improvement in its steel production in comparison with…

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