25
Jan
14:52
Muscat Steel to double rebar capacity in March
Omani rebar producer Muscat Steel Industries (MSI) plans to commission in March a second rebar mill to double its capacity of the product, a company source tells Kallanish.
Rebar production capacity will rise to 300,000 tonnes/year from the current 150,000 t/y, meaning the steelmaker will need to return to sourcing billet from the merchant market. MSI has been using captive semi-finished product since it commissioned in the second half of 2014 its own 200,000 t/…
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Very good overview of the weekly steel market.
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