17
Aug
10:54
Bahrain Steel agrees Essar Saudi plant pellet supply
Bahrain Steel has signed a letter of intent (LoI) to supply 4 million tonnes/year of iron ore pellet to Green Steel Arabia (GSA), Essar Group’s prospective steelworks to be located in Ras Al Khair, Kallanish notes.
Essar is investing over SAR 16.87 billion ($4.5 billion) into 4m t/y of continuous casting and hot strip capacity, 1m t/y of cold rolled coil capacity, and a tin plate line. The new facility will also have two direct reduced iron plants, each…
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Anonymous
Very good overview of the weekly steel market.
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