28
Jul
01:00
Al Jazeera sees price stabilisation signs after H1 sales decline
Al Jazeera Steel sees early signs of steel price stabilisation, but is taking a “more prudent approach” due to demand uncertainty caused mainly by excess Chinese capacity, the Omani re-roller says. The firm’s rebar mill has been commissioned and is ready for commercial output, with 15,000 tonnes of the product expected produced by year-end.
This follows a first half of 2015 in which production, shipments, revenue and net profit all declined…
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Anonymous
Very good overview of the weekly steel market.
Anonymous