04
May
13:10
Oman's Al Jazeera registers first-quarter production, sales growth
Oman-based long products re-roller and welded pipemaker Al Jazeera Steel posted 14% on-year sales growth in the first quarter to 116,183 tonnes, while production surged 17% to 113,966t.
However, three-month revenue fell 7% to OMR 37.95 million ($98.7m) from OMR 40.68m ($105.81m) in Q1 2022, Kallanish observes.
There was a short price rally towards the end of Q1 2023, which was nevertheless again seen to be under pressure. The banking…
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Anonymous
Very good overview of the weekly steel market.
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