Metals

GCC starts investigation to protect steel industry

SteelThe GCC has initiated a safeguard investigation on certain steel products to protect the region's domestic steel industry, said the World Trade Organisation (WTO)

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Bahrain-India trade shoots up; aluminium top export

aluminum 2065915 1920Bahrain-Indian trade exchanges are soaring with the kingdom exporting aluminium worth US$140.3mn to India, reported the BNA, citing official data

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Chinese steel producer Masteel opens its Mideast base at Jafza

Jaf2Maanshan Iron and Steel (Masteel), a Chinese steel manufacturer, has formally established Masteel Middle East FZE in Jebel Ali Free Zone (Jafza), Dubai, UAE

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EGA highlights UAE-made aluminium’s role in European car industry

ega car 2Emirates Global Aluminium (EGA) has highlighted the important role of UAE-made aluminium in the European automotive industry at GIFA, a major trade event in German city of Düsseldorf

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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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