03
Jul
13:53
Jazeera Steel exports push to boost sales: bank
EFG Hermes expects Al Jazeera Steel’s move to explore new markets, such as Australia and Jordan, will boost shipments over the medium term. Profit margin, meanwhile, should improve as steel pricing pressure eases.
Other than exports to new markets, Oman-based re-roller Jazeera said earlier this year it planned to exploit the surge in international steel prices by increasing production (see Kallanish 4 May).
Nevertheless, “…even though prici…
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Anonymous
Very good overview of the weekly steel market.
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