Al-Tuwairqi to sell troubled asset in Pakistan

摘要

The Saudi Arabian steelmaker Al-Tuwairqi Group has made a final decision to sell its troubled asset in Pakistan - Tuwairqi Steel Mills (TSM). The decision to sell the plant in Pakistan, capable of producing 1.28 million tpy of DRI, was due to the failure in negotiations with the Pakistan government on the gas tariffs, Metal Expert learns.