Omani Steel Plant to Outsource Raw Material to Iran
Oman-based Dhofar Steel has announced plans to establish a steel rolling mill in Sohar Industrial Estate with raw material sourced from Iran, Bahraini digital news provider GDNonline reported.
The project will see a billet manufacturing plant at Sohar upgraded and expanded into a major rolling mill with its output of reinforced steel bars (rebars) targeted primarily at regional markets, Salim Al Mashekhi, group chairman, was quoted as saying in a report by Oman’s Daily Observer. Mashekhi noted that the company envisages a rebar manufacturing capacity of 10,000-15,000 tons per month, slated for commissioning and launch within the next six to eight months.
source: Financial Tribune
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