Steel News


UAE Investment Firm Plans New Rebar Mill

5/17/2016 - An investment firm that is partly owned by the United Arab Emirates has signed an agreement to build a 300,000 metric ton rebar plant, reports The National newspaper.
According to the newspaper, Dubai Investments, which is partly owned by the Investment Corp. of Dubai, a sovereign wealth fund, said it will hold a 51 percent stake in the mill.

The newspaper has the full story here.