Al-Tuwairqi Group of Saudi Arabia has announced that it has signed a contract with Midrex Technologies Inc to build a new Midrex Megamod Hot Direct Reduced Iron / Hot Briquetted Iron /Cold Direct Reduced Iron Plant in Karachi Pakistan. The new plant will be operated by Tuwairqi Steel Mill, a member of the Al-Tuwairqi Group.
The new DR plant capacity will be rated at 1.28 million tonnes per year and initial production will be 100% CDRI. The plant will be configured to allow the possible addition of briquette machines in the future to produce HBI.
The facility will employ many of Midrex’s latest innovations to minimize energy consumption and control product quality. The new DR plants will enable the Al-Tuwairqi Group to better manage raw material costs.
