Metals

Qatar Steel and Brazilian firm sign iron ore pellets deal

Qatar Steel-Guru 1234 sxc.huQatar Steel has signed a contract with Brazilian mining company Vale for the supply iron ore pellets required for steel production

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UAE's Mubadala signs US$5 billion deal with Guinea to develop aluminium industry

Alumina RefineryInvestment firm Mubadala has signed a US$5bn agreement with the government of Guinea to develop a bauxite mine and an alumina refinery in the country, which would help it secure raw material for its UAE aluminium plants

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MISCO steel plant in Oman to become operational in 2015

steelThe UAE’s Moon Iron and Steel Company (MISCO) has announced that its billet manufacturing and rebars production facility in Oman is expected to become operational in 2015

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Al Ghurair Group opens new aluminium fabrication plant in Jebel Ali

aluminium-RDKAl Ghurair Group has opened up a new aluminium fabrication plant in Jebel Ali, Dubai, which will initially supply sun roof tops for automobile manufacturers such as Land Rover, Nissan and Hyundai

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Egyptian Steel planning for IPO in 2015

steel pipesManufacturer Egyptian Steel has announced that it has planned for an initial public offering (IPO) in 2015 and expects to float up to 30 per cent of its shares in the local stock market

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