Global steel giant ArcelorMittal and Turkish partner Dayen now aim to build their planned northern Iraqi joint venture rebar mill with induction furnace in Erbil instead of in Sulaimaniyah on account of bureaucratic issues, according to an inside source contacted by SteelOrbis.
As SteelOrbis previously reported back in March 2010, the mill was initially planned to be commissioned in the last quarter of 2011 with an annual rebar production capacity of 400,000-500,000 mt, following an initial phase with a capacity of 250,000 mt per year of rebar. Due to delays in the initial plan, groundbreaking is now expected to take place in early summer this year and the mill is predicted to start steel billet production in 12 months and rebar production in 16-18 months, according to the source in question.