Taybah Group to expand business

Karachi: Taybah Group, a Middle East based Group with a solid industrial background specifically in the steel industry, decided to enlarge its business in the Asian region by producing rebars for internal and foreign markets by investing in latest generation of Danieli continuous casting-rolling, compact and micromill, it said in a statement.
The plant, which is the 1st phase of a two-stage investment program, will have a rated capacity of 500,000 tons/year rebars with a start-up of the plant early 2018.
The statement said all this, along with the continuous uninterrupted production cycle from raw material to finished product, and with the extreme compactness of the technological area, will allow this next plant of Taybah Group, to be one of the most cost-efficient plants worldwide, but for sure to be cost leader in the region. Taybah Steel is currently undertaking in Abu Dhabi. The start-up of this first phase mill is scheduled for the 4th quarter of 2015.