Steel production, imports increase slightly

The steel industry saw a slight increase in production and import during the first quarter of this year after consecutive decline due to restrictive consumption and the global economic downturn.

According to the Ministry of Industry and Trade, the volume of steel production in the first quarter reached 1,469 million tonnes, a year-on-year increase of 4.8 per cent, while steel and steel-made products saw 7.7 per cent and 24.8 per cent increases over the same period last year.

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