Bahrain Steel has signed an intent to supply 4 million tonnes/year of iron ore pellet to Green Steel Arabia (GSA), a new steelworks by Essar Group in Ras Al Khair. Essar is investing SAR 16.87 billion ($4.5 billion) for various capacities,1 million tonnes/year of cold rolled coil, and a tin plate line. The facility will also two direct reduced iron plants, each with a capacity of 2.5 million tonnes/year and plans to begin production by 2027. The agreement secures 50% of raw material supply for GSA's steel plant, aligning with a focus on sustainable development in Saudi Arabia.
Essar Group's $4.5B investment in advanced steel manufacturing facility
Bahrain Steel has signed an intent to supply 4 million tonnes/year of iron ore pellet to Green Steel Arabia (GSA), a new steelworks by Essar Group in Ras Al Khair.
![Essar Group's $4.5B investment in advanced steel manufacturing facility](https://www.steelradar.com/i/l/012/0128429_essar-groups-45b-investment-in-advanced-steel-manufacturing-facility.jpeg)
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