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01 Mar
13:45

Jazeera shipments rise in 2018 but profit squeezed

Oman-based Al Jazeera’s consolidated sales rose 4% on-year in 2018 to 414,541 tonnes. The merchant bar mill saw sales rise 5% to 220,212t and black pipe deliveries grew 18% to 93,745t. However, galvanized pipe and hollow sections sales fell -10% and -6% respectively to 72,201t and 28,383t. Tube Mill division sales rose despite a sluggish market as Jazeera managed to diversify its sales markets and make more intense sales pitches, it says. The Merchant Bar …
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