14
Oct
11:03
Angola’s Fabrimetal launches new longs production line
Angolan long steel producer Fabrimetal has officially inaugurated its new hot-rolling line, Kallanish learns from an Angolan Ministry of Economy statement.
The plant has annual capacity to produce up to 90,000 tonnes of rebar, profiles, angles and bars by melting ferrous scrap. The investment is $21 million. The new line is set to begin production from 15 October.
The company expects to export 25% of its production. Fabrimetal’s steel shipments will be main…
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