Pakistan's Al-Haj Asia Star to enter import scrap market, begin steelmaking in March

Sino-Pakistani steel producer Al-Haj Asia Star Steel will begin production of steel rebar in northern Pakistan from early March and will enter the market for imported scrap, Fastmarkets has been told.

Al-Haj Asia Star Steel is a joint venture formed in 2017 between Pakistani conglomerate Al-Haj Group and China’s Hebei Xingang Iron & Steel Group.

In its first six months of production, the mill will produce 15,000 tonnes per month of steel from an electric-arc furnace (EAF), before increasing output to 40,000 tpm, a source in Pakistan told Fastmarkets.
...

Published

Lee Allen

February 28, 2020

13:10 GMT

Singapore