16
Apr
01:00
Iraq risk factors need 'cautious management' after challenging 2014 for Basra mill: Astra
Astra Industrial Group says it needs to be “cautious towards managing risk factors that are still apparent in Iraq” when dealing with operations at its Basra-based steelworks. This comes after the Al Tanmiya for Steel Industries rebar mill faced “major challenges” in 2014 as a result of geopolitical instability.
Saudi conglomerate Astra, which owns a 51% stake in Al Tanmiya, saw its power and steel segment post 16% year-on-year higher…
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Anonymous
Very good overview of the weekly steel market.
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