Sunday 21 September 2014
 
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Steel

Zamil unit wins $35m deal to supply steel lattice towers

Zamil Towers & Galvanizing Company, a fully owned subsidiary of Zamil Industrial Investment, has won a SR134.5 million ($35.8 million) contract from the Middle East Engineering and Development Company (Meedco) in Saudi Arabia.

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Collapsing steel prices another ominous sign for iron ore

Everyone knew this was going to be a difficult year in the iron ore market. Expansions by existing producers such as Rio Tinto and BHP Billiton and ramp-ups by newer players in Australia and West Africa were widely expected to generate a wall of

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Swicorp unit buys 30pc equity in Saudi steel firm

Sadeed Investment, a company owned by top Saudi asset management firm Swicorp, has acquired a 30 per cent equity in BRC Industrial (Saudia), a long steel products manufacturing company in the kingdom. Founded in 1974, with revenue

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Kuwait's Global in talks to sell Al Jazeera Steel stake

Kuwait-based Global Investment House is in talks to sell its 51 per cent in stake in Oman’s Al Jazeera Steel Products, said a report. The bank, which has restructured its $1.7 billion of debt twice in the past five years, he

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Emirates Steel focuses on value-added products

Emirates Steel, a leading steelmaker in the UAE, is set to expand its global presence and add more value-added steel to its product basket. The company’s plan is to sharpen its focus on high-margin, high-strength value-added

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Emirates Steel focuses on value-added products

Emirates Steel, a leading steelmaker in the UAE, is set to expand its global presence and add more value-added steel to its product basket. The company’s plan is to sharpen its focus on high-margin, high-strength value-added

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US demand for pipes to exceed $63bn

The US demand for pipes is expected to grow 7.3 per cent per year to $63.5 billion in 2018, driven by strong growth in crude oil and natural gas activity, as well as increasing housing completions, a report said. According to analyst Ma

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US demand for pipes to exceed $63bn

The US demand for pipes is expected to grow 7.3 per cent per year to $63.5 billion in 2018, driven by strong growth in crude oil and natural gas activity, as well as increasing housing completions, a report said. According to analyst Ma

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Egypt steel industry files anti-dumping claim

Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said, the latest move in a years-long quest to protect the fledging industry from low-priced imports.

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Egypt steel industry files anti-dumping claim

Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said, the latest move in a years-long quest to protect the fledging industry from low-priced imports.

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