Indian Group To Set Up Sponge Iron Plant In Bahrain
The Indian steelmaking group Ispat has signed an agreement with the Bahrain Governmentto set up a $290mn, 1.2mn tons/year sponge iron plant in Bahrain which will utilize some50mn cu. ft./day of natural gas to be supplied by the Bahrain National Oil Company(Banoco). Under the agreement, which was signed by the Bahrain Minister of Oil andIndustry, Shaikh 'Isa bin Ali Al Khalifah, and Ispat's Chairman, Mr....
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