Inauguration of Teluk Rubiah Maritime Terminal : Vale

  According to Vale,With a capacity of handling 30 million metric tons of iron ore per year, TRMT will serve as a strategic distribution hub to the customers in Asia. Until November, TRMT had already unloaded eight Valemaxes and loaded nine Capesizes and one Panamax successfully. On 7th November 2014, ...

Read More »

Ezz Steel signs $US 236 million long-term financing agreement

  In a bid to restructure its debt, Egypt’s biggest steel maker, Ezz Steel, had agreed to a long-term financing contract with the National Bank of Egypt and Arab African International Bank in a deal valued at $236 million, it emerged late on Monday. The credit line will be refunded ...

Read More »