Bahrain-Indian trade exchanges are soaring with the kingdom exporting aluminium worth US$140.3mn to India, reported the BNA, citing official data
Metals
Chinese steel producer Masteel opens its Mideast base at Jafza
Maanshan Iron and Steel (Masteel), a Chinese steel manufacturer, has formally established Masteel Middle East FZE in Jebel Ali Free Zone (Jafza), Dubai, UAE
EGA highlights UAE-made aluminium?s role in European car industry
Emirates 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 D?sseldorf
Raysut Cement acquires Sohar Cement for US$60mn
Following 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
SSAB launches Strenx 1100 Plus for lifting equipment
SSAB has launched Strenx 1100 Plus strip steel, aiming to provide high-quality welding and bending performance in booms, frames, cranes and other lifting equipment