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Metals

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Emirates Aluminium (Emal) is nearing final approval for an expansion of its aluminium smelter in Abu Dhabi at a cost of up to US$4.5 billion as it prepares for strong global demand growth in the next four years.

Dubai Oman Aluminium Rolling Company has awarded a US$385mn contract to an Italian company to build a production plant with a 160,000 tonne capacity.

Jindal Shadeed Iron & Steel LLC believes that capital investments in its integrated steel complex at the Port of Sohar will total around US$1billion.

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