31
Aug
14:25
Conares plans new plant on UAE 'mainland'
Conares plans to establish a fully-owned 100,000 tonnes/year capacity steel plant on Dubai’s “mainland”, Kallanish learns.
Although Conares’ top management declined to reveal what products the new site will offer, it is understood production will consist of pipe. The plant will be unique because it will be 100% owned by Conares, without the participation of an Emirati investor usually required to establish foreign-owned businesses outside f…
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Anonymous
Very good overview of the weekly steel market.
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