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20 Jul
01:00

Arab Iron and Steel Union lobbies for more Arab steel JVs

Algeria’s Ministry of Industry and Mines and the Arab Iron and Steel Union (AISU/UAFA) are seeking the creation of more joint ventures between steel companies in Arab countries, a source close to Algeria’s government tells Kallanish.   UAFA also envisages government support for one or several of these JVs. The move has two objectives: to fill the gap between Algeria’s steel demand and production, the latter of which is much lower, and t…
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