Emirates Steel invests $500m in 1 million tpy heavy sections mill
Dec 12, 2011 | 02:43 AM
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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. ....
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