Friday 11 July 2014
 
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steel plant

Qatar firm to build major steel plant in Algeria

  Qatar International, a joint venture by Qatar Steel and Qatar Mining, secured a deal to build, own and operate a $2 billion steel plant in Algeria, state media said, which would be the country's second after a plant owned b

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Gulf venture to build $400m steel plant in Oman

Three Gulf investors have formed a joint venture to build a $400 million steel plant in the southern Oman city of Salalah, a statement by the company said on Tuesday. Dhofar Steel has been formed by a joint venture of Oman's S

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Bahrain steel giant ropes in Tata Consultancy

SULB, the region’s first fully integrated steel sections and beams producer, said it has signed up Tata Consultancy Services (TCS), the global software giant from India, for the implementation of SAP software and business warehousing solutions at

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Blast at Iran steel plant kills 7 workers

An explosion at a steel production complex in central Iran killed seven workers including foreigners, the semi-official Fars news agency quoted a senior local official in Yazd province as saying on Monday. 'The explosion at the Ghadir

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Nass Contracting wins steel plant deal

Bahrain’s Nass Contracting has won a $13 million contract to execute a civil integration package for United Steel Company (SULB) plant, which is set to become the region’s first producer of medium and heavy beams and structural steel sections

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Korean JV opens $70m RAK steel plant

SeAH Steel UAE, a joint venture between leading Korean firm SeAH Steel Corp and Ras Al Khaimah Investment Authority (Rakia), has announced the launch of its new $70 million steel pipe manufacturing facility in Ras Al Khaimah. Sheikh Saud b

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Safco, Hadeed cancel steel plant plan

Two affiliates of Saudi Basic Industries Corp (Sabic) have cancelled a plan to build a steel plant in Jubail Industrial City after feasibility studies were 'not encouraging.'     One of the affiliates, Saudi Ar

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$1.2bn Bahrain steel plant may win council approval

Bahrain councillors could be set for a dramatic U-turn after initially threatening to block the creation of a $1.2 billion (BD452 million) steel plant in Hidd. At Muharraq Municipal Council's last meeting before the summer break yester

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Firm threatens to move steel plant out of Bahrain

Developers of a $1.2 billion steel plant in Bahrain have threatened to move the project to another country if councillors continue with attempts to thwart the plan. The Muharraq Municipal Council blocked the Hidd plant's building permi

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$1.2bn Bahrain steel plant project blocked

Muharraq Municipal Council members yesterday blocked the building permit of a BD452 million ($1.2 billion) steel plant in Bahrain. Councillors had initially blocked plans for the plant in Hidd at their meeting on May 12. However, t

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