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MYCRANE Trading Secures $50 Million to Power UAE Expansion from Jebel Ali

Posted by Anthony Davis

|August 11, 2025

MYCRANE Trading Secures $50 Million to Power UAE Expansion from Jebel Ali

In a move set to reshape the Gulf’s crane sector, MYCRANE Trading has closed a US$50 million investment deal with a DIFC-based holding company to launch its UAE ope...

Weekly Spot Prices - 10 Jul 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	417	▼
Europe · Delivered	460	▲
Asia · Delivered (bulk)	650	▲
USA · Bulk	750	▲

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MYCRANE Trading Secures $50 Million to Power UAE Expansion from Jebel Ali

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