STEEL PRODUCERS HEADLINESSteel Producers
Industries Qatar Plans To Invest In New Steel Plant In Algeria
Jun. 13, 2012 Industries Qatar QSC’s steel unit plans to invest in a new plant in Algeria that will start operating after 2016, according to a five-year plan released by the company.
Qatar Steel International is seeking a 25% stake in the Algerian venture and has earmarked 1.5 billion riyals (US$410 million) for foreign investment, according to the plan. The plant will have a capacity of 4.8 million tonnes a year.
http://www.bloomberg.com/news/2012-05-15/industries-qatar-plans-to-invest-in-new-steel-plant-in-algeria.html