Precious metals markets are currently experiencing a state of cautious anticipation, particularly silver, due to the ongoing geopolitical developments. However, a closer reading of market movements shows that this pullback may simply represent a temporary correction within a long-term bullish trend, said an expert.
Shyam Middle East Resources, a part of India’s renowned Shyam Steel Group, is set to establish a non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone. The project marks a significant step in the group’s global expansion strategy.
Abu Dhabi's Metal Park has received its first break-bulk cargo of metals at Fujairah Port, marking a further extension of its operational footprint and reinforcing the continuity of metal flows across the UAE.
The UAE topped the list of Oman’s trading partners last year in non-oil exports - including chemicals, metals and machinery - as well as re-export activities, and merchandise imports, said a report. Other prominent trading partners included Saudi Arabia, India, China, Iran and UK.
India-based Vedanta Limited, a leading global producer of metals, oil & gas, power and technology as well as critical minerals, has reported solid third-quarter profit helped by higher production across key businesses, while its revenue climbed 19% to record $5.2 billion.
