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20 Jul
10:42

Al Jazeera Steel earnings surge

Al Jazeera Steel reported a 37% on-year surge in consolidated revenue for the first half of 2018 to OMR 63.18 million ($164.3m), while net profit grew 30% to OMR 2.62m. The Omani long product re-roller and welded pipemaker will publish its full second-quarter results later this month. In April the firm said trade tension in the export market stemming from Section 232 resulted in domestic suppliers being “… aggressive” in the home market in …
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