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12 Nov
13:09

Amreli approves rebar expansion, frets over economy

Amreli Steels’ board has approved the third-phase expansion that will increase rebar capacity to 1.11 million tonnes/year from the current 605,000 t/y. The PKR 6.5 billion ($48.55 million) investment at its Dhabeji site is subject to technical feasibility and raising of finance. International companies have been invited to submit bids to study the technical feasibility of the project. Once installed, the new mill will make Amreli Steels Pakistan’s la…
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