19
Jan
08:25
Oman’s Jazeera Steel registers revenue decline in 2022
Omani long product re-roller and welded pipemaker Al Jazeera Steel reported a marginal, 0.7% on-year decline in consolidated revenue for 2022 to OMR 149.26 million ($388.02m), while net profit decreased 66% to OMR 3.14m.
The company is planning to release its audited financials on 10 February.
January-December consolidated expenses increased by 4% to OMR 146.12m from a year earlier value of OMR 141.15m.
The sudden surge in hot rolled coil prices after the R…
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Anonymous
Very good overview of the weekly steel market.
Anonymous