08
Dec
13:00
Idled Tuwairqi Steel Mills seeks buyer: reports
Pakistan-based direct reduced iron producer Tuwairqi Steel Mills (TSML) is seeking a buyer after it failed in its attempts to obtain discounted natural gas feedstock from the government, according to press reports. The plant has been idle since late 2013 after an increase in Pakistani natural gas prices.
TSML, a joint venture between Saudi Arabia’s Al Tuwairqi Holding and Posco, has been threatening since the start of the year to move its plant to Saudi Ar…
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Anonymous
Very good overview of the weekly steel market.
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