Sunday 28 December 2014
 
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Abu Dhabi hospital unveils new iron level screening system

Sheikh Khalifa Medical City (SKMC), Abu Dhabi’s flagship hospital, has unveiled a new screening system to monitor iron levels in thalassaemia sufferers, allowing for better quality of care and eliminating the need to send patients abroad f

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UAE tops in global iron, steel consumption

The UAE is amongst the highest consumers of iron and steel products (1,309 kg per person), well above the global average of 240 kg per person, said a report ahead of a major industry event in Dubai, UAE. The Metal Middle East 2015

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Collapsing steel prices another ominous sign for iron ore

Everyone knew this was going to be a difficult year in the iron ore market. Expansions by existing producers such as Rio Tinto and BHP Billiton and ramp-ups by newer players in Australia and West Africa were widely expected to generate a wall of

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Sabic in Mauritania iron ore venture

Saudi Basic Industries Corp (Sabic), a leading petrochemical group, is carrying out new iron ore exploration in northern Mauritania. The feasibility study and exploration at Atomai Mines in Zouerate is part of a joint venture agre

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Mena trade growth to soar 131pc by 2026

The trade across the Middle East and North Africa (Mena) region is expected to grow by 131 per cent to 2026, faster than the global growth over the same period (86 per cent), according to a new report. HSBC in its latest 'Trade Connections

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Vale signs iron pellets deal with Saudi Arabia

Brazilian miner Vale, the world's largest iron ore producer, said it closed a 10-year contract to supply 3.3 million tonnes per year of iron pellets to Saudi Arabia's Saudi Basic Industries Corp. 'It is an important region to u

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World steel output tumbles

Global crude steel production tumbled in the last quarter of 2008, bringing the annual figure down slightly, as steelmakers slashed production sharply due to the global economic slowdown. Analysts expected further weakness in 2009 as deman

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Turkey steel shipment arrives

The first shipment of steel has arrived in Bahrain from Turkey. A total of 16.500 tonnes of steel was received by Abdali Essa Al Nooh and Sons. This is part of deals signed by the kingdom with Turkish companies during His Majesty King Hama

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Al-Ghurair steel plant start-up delayed

The start-up of Al Ghurair Iron and Steel plant in Abu Dhabi has been delayed to May due to construction obstacles, company officials said on Monday. The $85-million cold rolling and galvanising plant, the first-of-its kind in the UAE, was

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Construction boom lifts Saudi scrap iron prices

A construction boom in Saudi Arabia and fellow Gulf Arab countries helped boost the kingdom's scrap iron prices in January, traders have said. Scrap iron hit around $350 a tonne last week after having fetched about $300 in late November, t

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