RINL to form JV with Saudi steelmaker

Jun 15, 2012 | 04:55 AM |

India’s government-owned Rashtriya Ispat Nigam Ltd (RINL) is in talks about forming a joint venture with Saudi Arabia’s Rajhi Steel, in a bid to tap the steel markets in the Middle East. The joint venture involves the setting up of a gas-based steel plant in Saudi Arabia. The 3 million tpy integrated plant, which will produce both long and flat products, will be set up with....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events