FINANCIAL NEWS

ArcelorMittal inaugurates new trade hub in Dubai’s Jebel Ali

23 Apr 2013

(MENAFN) ArcelorMittal announced that it has inaugurated a new trade hub in Jebel Ali Free Zone in Dubai to consolidate the company’s stocking centers in the Middle East, reported Emirates 24/7.

The largest steel manufacturer in the world cited higher demand for steel in the region with the market showing signs of improvement compared to 2012.

The Luxemburg-based Indian steel company, which was established following the merger of Arcelor and Mittal Steel, is present in 60 countries with manufacturing units in 20 countries.

It is worth noting that ArcelorMittal’s Middle East operations have been merged under Dubai Steel Trading Company (DSTC).

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