Emirates Steel invests $500m in 1 million tpy heavy sections mill

Dec 12, 2011 | 02:43 AM |

Emirates Steel has invested $500 million in a heavy sections mill to tap into growing demand for construction steel in the Gulf Co-operation Council (GCC), acting ceo Saeed Al Romaithi told Metal Bulletin in an interview on December 12.

The facility will produce 1.6 million tpy of direct reduced iron (DRI), have a 1.4 million tpy meltshop and the capacity to produce 1 million tpy of heavy sections. ....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results