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 18/05/2013

       
 
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 ADVANCED TECHNOLOGY AND MODERN EQUIPMENTS TO PRODUCE STEEL BARS AND INDUSTRIAL PROFILES
 QASCO signs contract for MIDREX® HBI/DRI Combination Plant 1.50 Mty Plant
 Last Update:     14/03/2005 14:49:54
ArabSteel - Doha, Qatar - Midrex Technologies, Inc., USA and its parent company Kobe Steel Limited, Japan announced the contract signing with Qatar Steel Co. (QASCO) for a 1.5 million metric ton MIDREX® Direct Reduction Plant to be located in Mesaieed, Qatar.  The signing ceremony was held February 28th in Doha, Qatar.
Plans call for the $267.4-million full turnkey project to be completed within 30 months.  The new plant will boost production capacity of direct reduced iron (DRI) from 780,000 metric tons to 2.3 million metric tons per year. 
In May 2004, QASCO selected Kobe Steel Limited to supply the new MIDREX MEGAMOD® Plant on a turnkey basis, and made an agreement to begin engineering. 
The cold DRI produced will be used to satisfy QASCO's current and future DRI requirements following a separate melt shop expansion, which is also expected to commence engineering soon.  The HBI produced will be exported to those regional melt shops.
The new MIDREX MEGAMOD Plant will use MIDREX's very reliable hot DRI design to discharge 1.5 mty of Hot DRI (HDRI).  This HDRI is either cooled and discharged by gravity through a conventional MIDREX DRI cooler, or simultaneously through a briquetting system.  Although annual projected output will be 50% cold DRI and 50% HBI, the plant will be capable to deliver up to 100% as cold DRI.  Short-term HBI capacity will be sufficient to produce as much as 75%, and 50% on an annual basis.
Kobe Steel will also enhance the capability of QASCO's material receiving/handling and utilities to support the new iron ore consumption and DRI/HBI production/storage and HBI export as part of the turnkey contract.
This order represents the 54th module that will use the MIDREX Direct Reduction Process.  Developed by Midrex Technologies, Inc., a Kobe Steel Group company, the MIDREX Process is used to produce over two-thirds of the world's DRI.

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Algeria - ArcelorMittal continues talks to increase Algerian capacity
World  - World Steel sees iron ore surplus growing up to 2017
Russia - Russian firm plans to build billet & rebar mill by 2015-16
Turkey - Turkish billet and slab output down in Jan-Feb
Russia - Russia's Severstal to expand CR product capacities
CIS - ArcelorMittal expects 4.2% annual growth until 2018 in CIS
Russia - Russia's Severstal to expand CR product capacities
Saudi Arabia - Rajhi Steel mulls new billet plant
Saudi Arabia - Qatar Steel enters DRI supply agreement with Saudi mill
Russia - New capacity seen capping Russia rebar price

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More About
Qatar Steel

Saudi Arabia - Qatar Steel enters DRI supply agreement with Saudi mill
Qatar - Qatar Steel to decommission EAFs in 2015, ups sales in 2012
Qatar  - Qatar Steel secures power supply for new meltshop
Qatar - "Qatar Steel" launches a meltshop
Qatar - "Qatar Steel" increases its share in Saudi "South Steel" to 40%
Qatar - Qatar Steel raises steel prices
Qatar - Qatar Steel to modernize steelworks in Mesaieed
Qatar - Mr. Ali bin Hasan Al Muraikhi Acting General Manager of Qatar Steel
Qatar  - Qatar Steel enters into contract with Brazilian Samarco to import iron ore pellets
Qatar - Qatar Steel enters a strategic partnership with Saudi South Steel company by 20%

  More About
Qatar

Qatar Steel to decommission EAFs in 2015, ups sales in 2012
Qatar Steel secures power supply for new meltshop
Qatar rail network seen needing 800,000 mt of steel
Al Watania Steel (Qatar) to launch long product mill in July
"Qatar Steel" launches a meltshop
"Qatar Steel" increases its share in Saudi "South Steel" to 40%
Qatar longs mill to launch in 2012, Saudi steelworks in 2013
Qatar Steel raises steel prices
Qatar Steel to modernize steelworks in Mesaieed
Mr. Ali bin Hasan Al Muraikhi Acting General Manager of Qatar Steel

More About
DRI

Arab World - 3 Arab countries among the world top ten DRI producers in 2009
Arab World - Hadeed SABIC and Ezz Steel - New Figures of DRI in 2009
World - DRI Production decreased slightly in 2009 but industry remained healthy
Egypt - Ezzsteel signs EGP1.8 bn contract to fund DRI plant with two Egyptian banks
UAE - DRI based mini mill project of ESI has been completed
Egypt - Egypt – Ezzsteel signs a new contract to produce 1.9 million tons of DRI
Pakistan - Al-Tuwairqi Group concludes contract for HDRI MIDREX® Plant 1.28 million tpy of new capacity to be located in Karachi
Oman - UAE: Al-Ghaith Holding Company concludes contract for DRI unit of 1.5 million tons capacity
Qatar - QASCO signs contract for MIDREX® HBI/DRI Combination Plant 1.50 Mty Plant
 

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Joudco Steel Saudi Iron & steel Company (hadeed) Ezz Steel Rajhi Steel egyptian Iron and Steel Company
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