22
Jun
13:35
Bahrain re-roller plans restart under new owner
Bahrain’s only rebar rolling mill, Universal Rolling (Unirol), plans to resume production by the end of the third quarter after being bought by a Jordanian investor, a source at the company tells Kallanish.
The 200,000 tonnes/year capacity re-roller – commissioned in 2009 – idled operations in 2014 amid a weak domestic demand environment. Performance was also impacted by growing competition and a construction slowdown in neighbouring Saudi Arab…
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