In considering the project, Mr Shanahan looked at the range of basic steel
section sizes to be processed, the operational speed required, possible layout and user logistics.
Although basic steel
products contributed to over 60% of its revenue in 2009, the company intends to increase contribution from high value-added steel products over the next few years.
In terms of shot type, basic steel
shot can get the job done.
I believe it could be a natural fit for TCP as a supplier of basic steel
slabs for re-rolling."
Laughing at the so-called "25-year guarantee" offered through shingles, Holmes says a basic steel
roof will last homeowners 50 years.
The company, to be called HadeedMENA, will establish basic steel
mills in countries with large iron ore and energy reserves, then transport steel billets to planned facilities in Bahrain, the UAE and other GCC countries to transform them into various products including steel reinforcement bar (rebar).
Hisham al Rayes, the head of venture capital at Gulf Finance House, said the company was looking at Australia, Brazil, India and Central Asian countries, as well as Yemen and Libya as possible locations for facilities for producing basic steel
billets or pellets.
It follows a project to make soil or a growing medium on site by mixing either basic steel
slag or colliery spoil with green compost, organic fertiliser to provide the essential nutrients and crushed sandstone which helps bind the soil and retain moisture.
Work is under way to install a basic steel
structure in the enclosed courtyard.
"It is important in what is a very competitive market that you can add value to basic steel
Its products range from basic steel
, economy models to high-end, cast aluminum items.
With the benefit of hindsight we clearly see, or more correctly don't see the domestic basic steel