|Steelco starts rebar production
|Syria - 2012 March 13
Steelco (Syria) commissioned a 300,000 tpy merchant bar mill at the end of February. By now the plant is already making 12-20 mm rebar and plans to run tests on the unit for 10 mm products. The company is now waiting for software and equipment for merchant bars production to be installed. The equipment was supplied by SMS Meer (Germany).
The representative says the unit will reach projected capacity within a couple of months, as Syria is experiencing power shortage.
According to preliminary data, billet will be sourced from Ukraine, Turkey and Russia. About 70% of finished products will be shipped to Lebanon, Jordan and Iraq, 30% – to the domestic market.