13
Feb
11:22
Emirates Steel posts revenue, profit drop in 2023
Emirates Steel, the steel division of Emirates Steel Arkan (ESA) in United Arab Emirates, registered a decline in revenue and profit in 2023, Kallanish notes.
According to the parent company's unaudited preliminary earnings report filed on the stock exchange, the steel division saw revenue decline 6.2% on-year to AED 8.03 billion ($2.18 billion) in 2023. Emirates Steel generated 90% of the group's revenue last year. The steel division's …
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Anonymous
Very good overview of the weekly steel market.
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