27
Apr
14:45
Export tension increases competition at home: Jazeera Steel
Trade tension in the export market stemming from Section 232 resulted in domestic suppliers being “… aggressive” in the home market in the first quarter, thereby increasing competition, according to Oman-based Al Jazeera Steel.
This meant that although the long product re-roller and welded pipemaker’s standalone sales rose 17% on-year in Q1 to 115,212 tonnes, net profit rose only 6% to OMR 1.46m, the firm says. This was also in spit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous