13
Feb
14:00
Emirates Steel drives Arkan Group's 2022 earnings
Emirates Steel Arkan (ESA), the sole fully integrated steel producer in United Arab Emirates and a wholly owned subsidiary of Arkan Building Materials, increased its revenue and profit in 2022. The steelmaker has generated more than 90% of the group's earnings since the merger was completed in the fourth quarter of 2021, Kallanish notes.
In January-December 2022, the group increased its revenue to AED 9.45 billion ($2.57 billion) from a pro-form…
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Anonymous
Very good overview of the weekly steel market.
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