SHAMK9
SENIOR MEMBER
- Joined
- Mar 5, 2010
- Messages
- 6,095
- Reaction score
- 4
- Country
- Location
Tuwairqi Steel Mills Ltd: Pakistan's first Direct Reduced Iron (DRI) plant inaugurated in Karachi
Saturday, January 12, 2013
Tuwairqi Steel Mills Limited (TSML) Pakistan’s first private sector integrated environment-friendly steel manufacturing complex of Al-Tuwairqi Holding (ATH)/ISPC of the Kingdom of Saudi Arabia inaugurated by Prime Minister Raja Pervez Ashraf at Bin Qasim Karachi on Saturday.
The first phase has been completed with an investment of over $350 million. The plant spreads over an area of 220 acres at Bin Qasim Karachi and employs the world’s most advanced DRI technology of the MIDREX process owned by Kobe Steel of Japan.
ATH/ISPC and POSCO have signed a memorandum of understanding (MoU) with the government of Pakistan for the backward and forward integration with an estimated investment 3 times higher than of the DRI plant. Forward integration would be a further value addition through a Melt Shop, producing world standard steel grades, while backward integration would be to the extent of exploring iron ore locally in Balochistan, its beneficiation and pelletisation as well.
“Al-Tuwairqi sees Pakistan as a land of opportunities and we are very clear in our perception that Pakistan as a country has to grow and we are determined to play an instrumental role in its development", he remarked.
Joon Yang Chung Chairman and CEO POSCO of South Korea congratulated the entire team of TSML. He said it was heartening to learn that TSML has increased the production capacity of Pakistan by 1.28 million tonnes per annum, which would help meet the ever growing demands of steel in Pakistan.
Zaigham Adil Rizvi Director (Projects) TSML said TSML has massive expansion and modernisation plans not only to enhance production capacity at an exponential rate but also to improve productivity and efficiency, matching the highest global standards. Pakistan’s current per capita steel consumption is only 40 kilogramme, which is exuberantly low, when compared with the global average of 215 kilogramme. This establishes a dire need increased emphasis on achieving international benchmarks to become a modern and an efficient economy.
Phase I : Direct Reduced Iron (DRI) plant (Complete)
Phase II: Slabs/Billets Production Plant
Phase III: Mining, Beneficiation and Palletization
Tuwairqi steel mill near Port Qasim Karachi is also installing a 38MW Combine Cycle Power Plant for steel mill, 14MW will be transferred to grid of KESC.
Four (4) gas turbines of Kawasaki Japan having a capacity of 6.5MW each, have been installed, while installation of a gas engine of 2.4 MW is currently underway, and a steam turbine of 10MW will be installed in future, which will operate on Heat Recovery Steam Boiler on exhaust energy of these gas turbines. The power plant possesses Supervisory Control and Data Acquisition (SCADA).
Saturday, January 12, 2013
Tuwairqi Steel Mills Limited (TSML) Pakistan’s first private sector integrated environment-friendly steel manufacturing complex of Al-Tuwairqi Holding (ATH)/ISPC of the Kingdom of Saudi Arabia inaugurated by Prime Minister Raja Pervez Ashraf at Bin Qasim Karachi on Saturday.
The first phase has been completed with an investment of over $350 million. The plant spreads over an area of 220 acres at Bin Qasim Karachi and employs the world’s most advanced DRI technology of the MIDREX process owned by Kobe Steel of Japan.
ATH/ISPC and POSCO have signed a memorandum of understanding (MoU) with the government of Pakistan for the backward and forward integration with an estimated investment 3 times higher than of the DRI plant. Forward integration would be a further value addition through a Melt Shop, producing world standard steel grades, while backward integration would be to the extent of exploring iron ore locally in Balochistan, its beneficiation and pelletisation as well.
“Al-Tuwairqi sees Pakistan as a land of opportunities and we are very clear in our perception that Pakistan as a country has to grow and we are determined to play an instrumental role in its development", he remarked.
Joon Yang Chung Chairman and CEO POSCO of South Korea congratulated the entire team of TSML. He said it was heartening to learn that TSML has increased the production capacity of Pakistan by 1.28 million tonnes per annum, which would help meet the ever growing demands of steel in Pakistan.
Zaigham Adil Rizvi Director (Projects) TSML said TSML has massive expansion and modernisation plans not only to enhance production capacity at an exponential rate but also to improve productivity and efficiency, matching the highest global standards. Pakistan’s current per capita steel consumption is only 40 kilogramme, which is exuberantly low, when compared with the global average of 215 kilogramme. This establishes a dire need increased emphasis on achieving international benchmarks to become a modern and an efficient economy.
Phase I : Direct Reduced Iron (DRI) plant (Complete)
Phase II: Slabs/Billets Production Plant
Phase III: Mining, Beneficiation and Palletization
Tuwairqi steel mill near Port Qasim Karachi is also installing a 38MW Combine Cycle Power Plant for steel mill, 14MW will be transferred to grid of KESC.
Four (4) gas turbines of Kawasaki Japan having a capacity of 6.5MW each, have been installed, while installation of a gas engine of 2.4 MW is currently underway, and a steam turbine of 10MW will be installed in future, which will operate on Heat Recovery Steam Boiler on exhaust energy of these gas turbines. The power plant possesses Supervisory Control and Data Acquisition (SCADA).
