02
May
09:18
Oman's Al Jazeera elevates production, sales in Q1
Oman-based long products re-roller and welded pipemaker Al Jazeera Steel registered 7% on-year production growth in the first quarter to 122,139 tonnes, while sales inched up 0.5% to 118,619t.
However, three-month consolidated revenue fell 4.7% to OMR 36.36 million ($94.46m) from OMR 38.17m ($99.14m) in Q1 2023, Kallanish observes.
In Q1, the company benefitted from a strong order backlog, following stellar project awards in the Gulf Coop…
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Anonymous
Very good overview of the weekly steel market.
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