13
Apr
01:00
Prospective Omani steelworks to decide by month-end on location shift
Prospective Oman-based steelmaker Sun Metals could move its location from Sur to Duqm if it does not receive permission from the government for mid-sea discharging of imported scrap, a company official tells Kallanish.
The 2.5 million tonnes/year electric arc furnace-based billet plant plans to use scrap, sourced mainly from Europe, as 70% of its feedstock. However, Sur’s port lacks the space to build a jetty for discharging scrap cargoes. A decision i…
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Anonymous
Very good overview of the weekly steel market.
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