In a surprising turn of events, Egypt’s direct reduced iron (DRI) production saw a decline in May, setting it apart from the overall growth trend observed across the Middle East and North African (MENA) region. While other countries in the region reported an increase in DRI production compared to the previous months, Egypt experienced a downturn.
This development comes amidst a period of otherwise positive growth for the industry, with several MENA countries contributing to the upward trajectory. The specifics of the production figures and the implications of this divergence remain a topic of interest for market analysts and industry stakeholders.