Metals
‘New projects set to boost steel business in GCC’
The recent announcement of new projects signals a steady flow of investments into sectors like infrastructure and manufacturing, which is set to generate contracts for regional steel fabricators in the GCC
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China to cooperate with Iran in steel and mining sectors
China’s Baosteel has announced plans to cooperate with Iran in the steel industry and mining sector
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New US$46mn copper mill to be built at Oman’s Sohar Port and Freezone
Oman’s Sohar Port and Freezone have recently signed a 35,000 sq m landlease agreement for a major new copper tube mill worth US$46mn at the freezone
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GCC aluminium production records seven per cent growth in 2015
The collective output of primary aluminium by the five GCC producers — Emirates Global Aluminium in UAE, Alba in Bahrain, Ma’aden Aluminium in Saudi Arabia, Qatalum in Qatar and Sohar Aluminium in Oman — stood at 5.27mn tonnes in 2015
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Aluminium Bahrain’s Q2 output up 3.1 per cent
Aluminium Bahrain (Alba) has announced that its Q2 2015 output went up by 3.1 per cent, compared to the same quarter last year, despite challenging market conditions
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