Friday 29 August 2014
 
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Steel

Kuwait's Global in talks to sell Al Jazeera Steel stake

Kuwait-based Global Investment House is in talks to sell its 51 per cent in stake in Oman’s Al Jazeera Steel Products, said a report. The bank, which has restructured its $1.7 billion of debt twice in the past five years, he

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Emirates Steel focuses on value-added products

Emirates Steel, a leading steelmaker in the UAE, is set to expand its global presence and add more value-added steel to its product basket. The company’s plan is to sharpen its focus on high-margin, high-strength value-added

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Emirates Steel focuses on value-added products

Emirates Steel, a leading steelmaker in the UAE, is set to expand its global presence and add more value-added steel to its product basket. The company’s plan is to sharpen its focus on high-margin, high-strength value-added

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US demand for pipes to exceed $63bn

The US demand for pipes is expected to grow 7.3 per cent per year to $63.5 billion in 2018, driven by strong growth in crude oil and natural gas activity, as well as increasing housing completions, a report said. According to analyst Ma

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US demand for pipes to exceed $63bn

The US demand for pipes is expected to grow 7.3 per cent per year to $63.5 billion in 2018, driven by strong growth in crude oil and natural gas activity, as well as increasing housing completions, a report said. According to analyst Ma

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Egypt steel industry files anti-dumping claim

Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said, the latest move in a years-long quest to protect the fledging industry from low-priced imports.

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Egypt steel industry files anti-dumping claim

Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said, the latest move in a years-long quest to protect the fledging industry from low-priced imports.

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ArcelorMittal mulls bid for Italian steel giant

ArcelorMittal, the world's biggest steelmaker, is considering making an offer later this month for Italy's second largest steel producer Lucchini, according to Italian union CGIL FIOM. Lucchini, formerly owned by Russia

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Asian automakers 'still welded to steel'

About four years ago, Hyundai Motor considered shifting from steel to aluminium body parts for its Genesis sedan to make it lighter, more fuel-efficient and more competitive with German luxury marques, two people familiar with the matter said.

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Steelmark in key ME steel supply deal

Steelmark Mideast will represent D P Jindal Group in Bahrain and Qatar for the supply of seamless pipes from their flagship company Maharashtra Seamless Limited. Jindal, the largest manufacturer of seamless pipes in India, has a c

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