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 21/05/2013

        
 
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  <=  Algeria - ArcelorMittal - ArcelorMittal continues talks to increase Algerian capacity       <=  World  - Companies - World Steel sees iron ore surplus growing up to 2017       <=  Russia - Companies - Russian firm plans to build billet & rebar mill by 2015-16       <=  Turkey - Companies - Turkish billet and slab output down in Jan-Feb        <=  Russia - Severstal - Russia's Severstal to expand CR product capacities     

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 Shadeed iron and steel Plant on track to start in third quarter of 2008
 Last Update:     02/08/2006 12:33:18
 Trade Arabia - Al Gaith Holdings has announced that its Dh2.75 billion ($750 million) iron and steel plant in Oman is on track to start operations in the third quarter of 2008.
Brazil's Samarco Mineracao will supply iron ore pellets for the steel plant. Financing for the unit is now in place, said a Gulf News report.
Shadeed Iron and Steel, the fully-owned company of Al Ghaith Holdings in Oman's Sohar Industrial Port will produce some 1.5 million tonnes per year of steel billets.
"We have signed an agreement with Samarco for supply of iron ore pellets, the most strategic raw material and supplies are to begin soon," Gaith Al Ghaith, vice-chairman of Al Ghaith Holdings said.
Billal T Matarneh, general manager of Shadeed Iron and Steel, said $85 million has been invested in a quay facility for material handling.
"Our agreement with SAMARCO will cover major portion of Shadeed's annual demand in iron ore pellets and by this we feel ourselves more confident in moving ahead with the execution of the project at Sohar," said Bilal Mattarneh, General Manager of the Shadeed Iron & Steel.
The company's total production will be about 14 million tonnes per annum of which 4 million tpa will be exported to this region.

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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

Saudi Iron and Steel Union
 

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Shadeed iron and steel Company
Oman - Shadeed iron and steel Plant on track to start in third quarter of 2008

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Oman
Muscat Steel (Oman) to launch new steelmaking complex by mid 2013
Oman's Freezone Sohar in talks with steel investors
Sharq Sohar Steel Rolling Mills (Oman) to start building second steelmaking complex in Q3
Jindal Shadeed Iron and Steel (Oman) to commission steelmaking complex in 2013
Omani rebar producer commissions new rolling mill
Jindal Shadeed to produce 7m t/y of pellets, considers longs
Singapore firm establishes steel wire joint venture in Oman
Omani billet producer plans capacity hike by 2014
Oman: Muscat Steel Industries builds steelmaking complex and intends to double rolling capacity
Hadid Majan (Oman) to commission new mill by late July

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Steel Industry
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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