Delta Steel to open new production line this month

Delta Steel is planning to bring its new pellet production line online before the end of October, Holding Company for Metallurgical Industries Chairman Medhat Nafie said, according to Al Mal. The new line will raise the company’s output to 250k tonnes of steel per year, up from 50k tonnes currently. That figure could double to 500k by early next year. This is the first of three stages of a USD 45 mn plan to develop Delta Steel.