Precious metals markets are currently experiencing a state of cautious anticipation, particularly silver, due to the ongoing geopolitical developments. However, a closer reading of market movements shows that this pullback may simply represent a temporary correction within a long-term bullish trend, said an expert.
Shyam Middle East Resources, a part of India’s renowned Shyam Steel Group, is set to establish a non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone. The project marks a significant step in the group’s global expansion strategy.
Abu Dhabi's Metal Park has received its first break-bulk cargo of metals at Fujairah Port, marking a further extension of its operational footprint and reinforcing the continuity of metal flows across the UAE.
The UAE topped the list of Oman’s trading partners last year in non-oil exports - including chemicals, metals and machinery - as well as re-export activities, and merchandise imports, said a report. Other prominent trading partners included Saudi Arabia, India, China, Iran and UK.
India-based Vedanta Limited, a leading global producer of metals, oil & gas, power and technology as well as critical minerals, has reported solid third-quarter profit helped by higher production across key businesses, while its revenue climbed 19% to record $5.2 billion.
Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity Markets Outlook, released on Wednesday.
Ducab Group, a leading UAE-based manufacturer of cable and metals solutions, is highlighting its capabilities in cable design, materials and manufacturing as well as its innovative portfolio of cable and energy infrastructure solutions at the ongoing WETEX expo in Dubai.
