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[size=36]In Basra... Offering investment opportunities to develop the iron and steel industries[/size]
Economie| 11:42 - 05/08/2021
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Baghdad - Mawazine News
The General Iron and Steel Company in the Khor Al-Zubair area, southwest of Basra, announced on Thursday offering three investment opportunities to develop the iron and steel industry according to modern technology and expand the company's work and production with rebar and billet.
The general manager of the company, Musallam Nasser Agency, said, in an interview with local agencies, that "the company has put forward an investment announcement to establish a factory for the production of sponge iron to be a tributary to the steel factory and an assistant alternative to it, especially in light of expectations that the scrap material that feeds the steel factory will run out within about two years."
He added that "
Nasser pointed out that "there is an investment power station with a capacity of 250 megawatts, through which the company's factories will be equipped with the required energy and according to its actual needs." Ended 29/A 4
The General Iron and Steel Company in the Khor Al-Zubair area, southwest of Basra, announced on Thursday offering three investment opportunities to develop the iron and steel industry according to modern technology and expand the company's work and production with rebar and billet.
The general manager of the company, Musallam Nasser Agency, said, in an interview with local agencies, that "the company has put forward an investment announcement to establish a factory for the production of sponge iron to be a tributary to the steel factory and an assistant alternative to it, especially in light of expectations that the scrap material that feeds the steel factory will run out within about two years."
He added that "
Nasser pointed out that "there is an investment power station with a capacity of 250 megawatts, through which the company's factories will be equipped with the required energy and according to its actual needs." Ended 29/A 4
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