30
Jan
17:21
Mughal Steel secures electricity to raise billet output
Mughal Steel has entered into an agreement to lease from January two steel meltshops with a combined capacity of 96,000 tonnes/year of billet. The technology is equipped with electricity connections having a combined load of 8MW.
“The said agreements will provide additional electricity load which is expected to result in increased supply/availability of self-manufactured billet for re-rolling activities,” the Pakistani long steelmaker says in a note …
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Anonymous
Very good overview of the weekly steel market.
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