27
Apr
12:00
Jazeera Steel shipments surge, seeks merchant bar exports
Al Jazeera Steel is working on initiating exports of merchant bar and further diversifying overall export markets, following a 23% on-year surge in consolidated first-quarter sales to 98,726 tonnes. This was the Omani re-roller’s highest-ever quarterly sales tonnage.
The company saw production rise 39% on-year in Q1 to 103,083t, while consolidated revenue soared 57% to OMR 23.09 million ($59.97m) and net profit surged 59% to OMR 1.3m. Sales in the Gulf Coo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous