Metals

Raysut Cement acquires Sohar Cement for US$60mn

Raysut SoharFollowing a letter of intent (LoI) it signed early this year with Sohar Cement Factory LLC’s shareholders, Oman’s largest cement manufacturer and one of the GCC’s largest, Raysut Cement Company has announced the acquisition of Sohar Cement Factory LLC at a value of US$60mn

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SSAB launches Strenx 1100 Plus for lifting equipment

SSTXSSAB has launched Strenx 1100 Plus strip steel, aiming to provide high-quality welding and bending performance in booms, frames, cranes and other lifting equipment

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MENA steel demand set to recover in 2020: Report

steel factoryGlobal steel demand is projected to reach 1,735 metric tonnes (mt) in 2019, up 1.3 per cent from 2018, and 1,752 mt in 2020, according to a report by the World Steel Association (worldsteel)

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EGA starts production at UAE’s first alumina refinery

AlTaweelahEmirates Global Aluminium has announced the start-up of Al Taweelah alumina refinery, a strategic growth project that expands the industrial giant’s business upstream in the aluminium value chain

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EGA’s carbon by-products as alternative fuel for UAE cement firms

EGA fuel 28Emirates Global Aluminium (EGA), one of the leading aluminium producers in the UAE, has announced to supply its production of carbon dust, a by-product of aluminium smelting, for use as an alternative fuel by the UAE cement industry

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