Media ID: 55355174
Caption:
A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh October 27, 2013. REUTERS/Faisal Al Nasser
by Fahd Baqmi | Jul 26, 2016 | Business
Jeddah- In light of increasing demand on iron ore, Saudi Arabia’s factories are in the process of reconsidering rates as market competitiveness grows, setting up local products versus imports. Workers at the iron ore industry told Asharq Al-Awsat newspaper that...
Media ID: 55314620
Caption:
This undated file handout photo shows iron ore being stockpiled for export. (AFP PHOTO/FILES/BHP Billiton)
by Asharq Al-Awsat | Aug 24, 2013 | Business
New Delhi/London, Reuters—Iran is raising its exports of iron ore and iron products to China and India in an attempt to replace at least a small part of the massive revenue that has been lost due to sanctions on its oil sales. While Iran’s oil exports have...
