24
Jan
07:26
Bahrain Steel hits record production in 2021
Bahrain Steel, a subsidiary of Foulath Group, posted record production of 12 million tonnes of iron ore pellet in 2021. The pellet making giant accounts for more than 4% of Bahrain’s GDP and 25% of its non-oil exports, Kallanish notes.
Record production was supported by collaboration with supply chain partners including a “watershed” 20-year iron ore procurement agreement signed in 2019 with Anglo American, Bahrain Steel says. Production then sto…
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Anonymous
Very good overview of the weekly steel market.
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