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Friday, December 4 - 2009

Emirates Steel posts raised Q3 figures

  • United Arab Emirates: Thursday, October 01 - 2009 at 11:53

Emirates Steel Industries has said that its Q3 sales figures are higher than the second quarter, despite the global slump in demand, Reuters has reported. 'During the second quarter we ramped up the mills so we are running at full capacity of 1.8 million tons per year,' Ahmed AlـDhaheri, assistant vice president for projects said. Chief Executive Gregor Munstermann told reporters that the firm was looking at two possible acquisitions, but declined to give details.

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