INTERVIEW: Global DR pellet shortage predicted

The former ceo of Bahrain Steel predicts a shortage of DR pellets, as plentiful gas supplies lead to growing interest in the product across the Middle East and beyond.

And as current adviser to the chairman of Bahrain Steel – a major regional producer of much of the pellet needed to feed half-a-dozen of the local direct reduced iron (DRI) producers – K Prasad is well placed to look both upstream and downstream at trends in supply and demand.   Strategically positioned at the Foulath Complex in the Hidd Industrial Area, Bahrain Steel ships pellet to customers in the Gulf Co-operation Council (GCC) countries and further afield. A wholly owned subsidiary of Foulath Holding, Bahrain Steel also supplies DR pellet to its neighbour Sulb – a producer of medium and heavy sections and a company owned jointly by Foulath and Japan’s Yamato Kogyo. Sulb is a fully integrated works equipped with a 1.5 million tpy DRI module, its own meltshop and rolling mill, complemented in product size range by a sister mill, Saudi Sulb, Jubail, which produces light and medium sections. Established...


December 17, 2014

09:34 GMT