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24 Jun
01:00

SULB seeks new export destinations, GCC sections market oversupplied: sources

Bahrain-based United Steel Company (SULB) is seeking export opportunities in Europe and India. This follows the ramping up of its medium and heavy sections mill, as its regional market remains oversupplied, Gulf Cooperation Council market sources tell Kallanish. SULB’s 600,000 tonnes/year rolling mill has increased utilisation to 80% of capacity following its commissioning in 2013, but is facing stiff competition in the GCC sections market from Emirateā€¦
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Adam Smith  |  Poland
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