14
Jun
14:25
Dubai rebar mill to begin construction in September
Construction of a new 500,000 tonnes/year rebar re-roller in Dubai, United Arab Emirates, will begin in September, according to an official at Egyptian investment bank Premiere Holding that is advising on the project.
The feasibility study for the mill was completed in January (see Kallanish 1 February). The Jebel Ali-based plant will begin with $200 million of seed capital, which will come from an investment fund set up by the unspecified Emirati investor behin…
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