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31 Jan
13:25

New rebar mill sets for construction in Dubai

A feasibility study has been completed into the construction of a new 500,000 tonnes/year rebar re-roller in Dubai, United Arab Emirates. The Jebel Ali-based plant will begin with $200 million of seed capital, which will come from an investment fund set up by the Emirati investor behind the project, according to a Premiere Holding official. Premiere Holding is the Egyptian investment bank advising on the project. It carried out the feasibility study and will now…
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