COMPANIES
Madar Holding
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Recent Articles
- US $200m blow to steel traders as prices plunge from July high4 October 2008
Dubai's steel industry has suffered a loss of at least US $200 million (AED735 million) when steel prices plummeted by around 40%, and is expected to drop even further in the coming weeks, according to industry experts.
- Steel firm eyes Gulf expansion28 July 2008
Major supplier to Dubai's Metro development to take advantage of construction boom.
- New improved rebar to make its regional debut8 March 2008
A highly corrosion-resistent reinforcement steel (rebar) that is expected to shave 40% off the amount of rebar needed for a project is set to be distributed in the Middle East through Madar Holding, a subsidiary of Saudi Arabia's Alfozan Group.
- Contractors to reap the benefits of steel deals13 October 2007
Lauren Willington looks at the potential benefits for suppliers and contractors alike as the new steel rebar futures contract is launched.
- DIP firms are running off generators1 June 2007
Several building materials companies in Dubai Investment Park (DIP) are relying on temporary power generators to run their factories because they have not yet been connected to the main electricity network.
- Madar opens steel facility in Dubai11 May 2007
US $20.4 million facility will produce 300,000 tonnes of steel per year including rebar, straightening, and ‘cut and bend'.
- US $200m blow to steel traders as prices plunge from July high4 October 2008