Tag Archives | Basra Steel

Basra Steel Plans "on Hold"

By John Lee. the Basra Iron & Steel Company (BISCO) has reportedly put its new rebar mill investment on hold due to regional political issues. A decision on further progress is expected to be taken after talks with the Basra Investment Commission (BIC) later in September. ArabSteel reports that BISCO, an investment by Isa Unal, […]

Basra Agrees $150m Iron and Steel Factory

Basra Investment Commission (BIC) has agreed in principle to build an iron and steel factory worth of $150 million (175 billion IQD). AKnews reports that it is a joint proposal by Erbil Steel Company and a Turkish company. Khalaf Badran, head of the BIC, told AKnews that the Commission has expressed its "full support" for […]