18
Jan
00:00
Al Tuwairqi mulls shifting DRI plant to Saudi Arabia
Al Tuwairqi Holding could pull its Tuwairqi Steel Mills (TSML) direct reduced iron plant out of Pakistan over a row in securing discounted gas supply, according to press reports. The steelmaker would shift it to the group’s home country of Saudi Arabia, reports further suggest.
TSML, which has been idle since late 2013 after an increase in Pakistani natural gas prices, offered the Pakistani government a 15% shareholding in November in return for cheape…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous