Metals

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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Tri-Star Resources to set up metal roasting facility in Oman

antimonyUK-based Tri-Star Resources has signed a Memorandum of Understanding (MoU) with the Oman Investment Fund (OIF) and Dubai’s Castell Investments for the establishment of a US$60mn antimony metals roasting and manufacturing facility in Freezone Sohar, Oman

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South Steel commissions minimill from SMS Group

SMSminimillSaudi Arabia's South Steel has commissioned a minimill from the SMS Group’s SMS Meer and SMS Concast at Jizan

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Saudi Arabian steel firm wins Aramco project

steelpipes  JWPhotowerksSaudi Steel Pipe Company (SSP) has won two contracts worth more than US$66mn to supply OCTG steel pipes to Saudi Aramco

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Jindal Steel to commission steel plant in Oman

steelplant  Dave HeutsJindal Steel and Power (JSP) will commission a two million tonnes per annum capacity plant in Oman in October 2013, which the company claims will be the largest steel plant in the Gulf

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