01
Apr
11:23
Bahrain Steel eyes Anglo procurement deal, output hike
Bahrain Steel plans to sign by end-April a new 20-year procurement agreement for 67% Fe iron ore with Anglo American that will replace the deal agreed between the firms in 2012. The Bahraini company is aiming to ramp up iron ore pellet output to 11 million tonnes/year.
In 2018 Bahrain Steel produced 8 million tonnes of pellet, taking a 26% share of the Gulf Cooperation Council market, the firm says. Pellet is supplied to steelmakers worldwide, but the key focus …
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Anonymous
Very good overview of the weekly steel market.
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