Metals

Construction on UAE’s US$272mn steel production unit to begin

galvanisedsteel-JosephAsh-flickrUAE’s United Iron & Steel (UIS) has announced that construction on its US$272mn galvanised steel production unit in Abu Dhabi is set to begin by end of April

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Aluminium Bahrain likely to develop sixth production line

Alba-BahrainAluminium Bahrain B.S.C (Alba) is likely to develop a sixth production line, with an expected capacity of 400,000 metric tonnes

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Egyptian Steel plans two new factories by mid-2016

steel-wagaboodlemum-flickrEgyptian Steel is planning to open two new factories by mid-2016, and raise its capacity to 3.5mn tonnes per year, states chairman Ahmed Abou Hashima

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Work on Algeria’s steel complex to begin in 2015

steelrebar-chrismcsorley-flickrConstruction of Algeria’s Bellara Steel Complex is expected to begin in Q1 2015, as the project is aimed at meeting the country’s immediate iron and steel requirements

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Hyundai International to source scrap metal from UAE’s Atlantis Global Enterprises

scrapmetal-ChuckTinsley-flickrSouth Korea’s Hyundai International has signed an MoU with UAE’s Atlantis Global Enterprises to source precious metals, scrap metal and iron ore

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