Ezz Steel gets approval for Algerian project

Tuesday, 13 May 2008 10:04:43 (GMT+3)   |  
       

The Egyptian steelmaker Ezz Steel has received approval from the Algerian National Council for Investment for the proposed construction of a new steel mill in Algeria.

The construction of the new mill will be started in the coming weeks and is expected to be completed within a 24-month period from when construction work gets underway.

The new mill, worth $700 million in investment, will have a designed production capacity of 1.5 million metric tons of rebar.


Similar articles

Domestic rebar prices in Taiwan - week 13, 2024

29 Mar | Longs and Billet

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

Turkish domestic dollar-based rebar spot prices soften

28 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

Rebar consumption in Mexico decreases 3.1 percent in January

27 Mar | Steel News

US rebar prices mostly stable with occasional deals

27 Mar | Longs and Billet

Downtrend reverses in Pakistan’s import scrap segment

27 Mar | Scrap & Raw Materials

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Iskenderun-based Turkish mill increases its rebar price      

27 Mar | Longs and Billet

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet