Subscribe to RSS
UnitedStates Germany Russia India Turkey SouthAfrica England Netherlands Philippines Belgium Australia Brazil Spain China Kore

Pakistan’s largest private steel plant ready for production

Pakistan’s largest steel producing mill in the private sector, Tuwairqi Steel Mills Limited, is ready for commercial production in the first week of January 2013.

It will cater not only steel needs of the country but also export value-added products to other countries. The setting up of the mega project would entice foreign investors in the country. The mega project of over $350 million is mainly sponsored by Saudi Arabian-based Al Tuwairqi company (ISPC) and Posco of South Korea.

steel-mill_Pakistan

These views were expressed by TSML Director Project Zaigham Adil Rizvi at a seminar held at a local hotel on Monday. He was flanked by chief guest Engineering Development Board CEO Qazi Abdadullah.

EPZA Chairman Saadat Cheema, POSCO Resident Director Young-Ho Yoo, Punjab Health Minister Khawaja Sulman Rafique, Nespak Vice President Iftikhar Qazi, Banu Mukhtar CEO SM Assad, Izhaar Group CEO Marghoub, Shajarpak MD Khawaja Usman, Midrex Commissioning Managers Paul Jaimungal Singh, Waddington Stawrt Godfrey and MMTE Plant Manager Masoud Darvishi also speak on the occasion.

Posco-South Korean steel giant – has invested $16 million to keep the mega project going. Khawaja Usman of Shajarpak said, “If we can become atomic power why not a steel giant”. He said that currently Pakistan was depending on imports for the production of heavy mechanical structures and engineering goods but after producing high-quality steel at the TSML plant, Pakistan would be able to manufacture heavy equipment locally.

 

source: brecorder

0 commentsback to post

banner

Add your comment

Nickname:
E-mail:
Website:
Comment:

*

Other articlesgo to homepage

De lager markt zal 96 miljard dollar omzet bereiken tegen 2016

De lager markt zal 96 miljard dollar omzet bereiken tegen 2016(0)

De wereldwijde vraag naar lagers zal groeien met 7,8% per jaar en zal 96 miljard dollar te bereiken in 2016, volgens analisten bij de beroemde Amerikaanse adviesbureau Freedonia Group. Volgens hen zal de verkoop van niet-embedded (single), kogel-en rollagers driekwart van de totale omzet of meer dan 71 miljard dollar bereiken. Wereld lager markt zal

China produceerd 1,8 biljoen lagers in 2012

China produceerd 1,8 biljoen lagers in 2012(0)

China heeft statistieken gepubliceerd over de productie van lagers voor 2012. Volgens deze gegevens is het totale volume van alle binnenlandse producenten bedroeg 1801 miljard lagers, dat is 11,17% meer dan in 2011. Het productievolume voor december 2012 was 180 miljard lagers (20,9% meer dan in december 2011). Het volume (aantal) van de productie van

Schaeffler bouwt een nieuw lager fabriek in Rusland

Schaeffler bouwt een nieuw lager fabriek in Rusland(0)

De investering overeenkomst werd ondertekend in de stad Ulyanovsk voor het project Schaeffler automobiel-en industriële componenten. Het plan is om de lagers voor vrachtwagens en auto’s koppeling, motor componenten en onderdelen van de riemaandrijving, alsmede onderdelen te produceren voor de spoorwegsector in de Ulyanovsk regio. De regering van de Ulyanovsk regio © 2012 Ondertekening van

Schaeffler unveils concept car for India

Schaeffler unveils concept car for India(0)

Schaeffler, an automotive components manufacturer has unveiled concept car specially designed for Indian driving conditions. Featuring advanced drive train technologies which offers up to 10 per cent reduction in fuel consumption combined with better comfort and driving experience, company said. This concept car is based on subcompact hatchback and shows a range of Schaeffler solutions

NSK Boosts Its Business in Emerging Markets

NSK Boosts Its Business in Emerging Markets(0)

Aiming to Cultivate Demand in the Middle East and Russia through Locally Based Operations Tokyo, Japan, March 7, 2013 – NSK Ltd. (NSK; Headquarters: Tokyo, Japan; President and CEO: Norio Otsuka) announced today that it has established new branches in Saint Petersburg, Russia, and Dubai, United Arab Emirates (UAE), in the Middle East, both of

read more

Contacts and information

Social networks

Most popular categories

Legal Notice

© 2012 BEARING NEWS All rights reserved.