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Bahrain Steel sees big output boost this yearBahrain Steel, a wholly owned unit of Foulath Holding, expects to ramp up production by more than 80 per cent in 2015 and reach its full annual capacity of 11 million tonnes in 2016. The pelletising plant's output was up 40 pe More… |
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Bahrain lauds private sector role in key projectsBahrain Industry and Commerce Minister Dr Hassan Fakhro praised the ongoing efforts by the Kingdom's private sector to help international investors establish projects and accommodate local workforce. His remarks came during a More… |
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Arab Steel appoints new chairmanArab Iron and Steel Union (AISU), the largest regional Arab conglomerate of iron and steel producers and users comprising more than 80 companies from 16 Arab states, has appointed Khalid Al-Qadeeri as its chairman. The appointment was made More… |
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Bahrain plant awards maintenance contractUS-based Minerals Technologies, a resource and technology-based growth company, said its unit has signed an deal with United Steel Company (SULB) for the refractory maintenance at its greenfield steel mill in Bahrain. More… |
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Bahrain Foulath seals Saudi acquisition dealBahrain-based Gulf United Steel Holding Company (Foulath), a global steel investment vehicle, said its subsidiary United Steel Company (SULB) has successfully completed the acquisition of a steel company in Saudi. SULB, a steel manufacturi More… |
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$1.2bn Bahrain steel plant may win council approvalBahrain 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 More… |
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Foulath opens $3.5bn integrated steel plantBahrain-based Gulf United Steel Holding Company (Foulath), a leading global steel investment vehicle, on Tuesday inaugurated its mammoth steel manufacturing complex in the Kingdom built at a cost of $3.5 billion. A ceremony was held under More… |
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Middle East steel market 'promising long-term'The steel market in the Middle East region looks more promising despite short-term challenges such as global downturn and the lack of available project finance that have put the brakes on regional expansion projects, said a report. After f More… |
