Bahrain Steel to double output
Bahrain Steel, a leading producer of iron ore pellets and a 100-per-cent-owned company of the Bahrain-based Foulath Holding, is planning to double its output over the next 10 years.
Bahrain Steel operates two pelletising plants in the kingdom, making it a leading producer of iron ore pellets used in the production of steel. Last year (2018), the company passed the milestone of having produced 100 million tonnes of pellets since its inception in 1989.
“We are forecasting a major increase of production by Bahrain Steel this year,” Khalid Al Bassam, chairman of Bahrain Steel and its parent company, Foulath Holding, said at a conference commemorating the company’s 30 years of production.