26
Apr
11:31
Al Anmaa completes Iraqi rebar steelworks sale
The Al Anmaa Co. steel plant in Basra, Iraq, has been sold by its owner, Jordan’s Al Tanmiya Steel, to Iraqi company Alghad Almutkamel for General Trading and Iron and Steel Metallic Industries, Kallanish notes.
The transaction has been completed after the $195 million purchase price was paid.
The plant was put up for sale in January after Al Tanmiya became unhappy with electricity outages in Iraq, which led to costly electric arc furnac…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous