9,961.34 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.38 USD USD USD
36.52 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
96.63 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)
9,961.34 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.38 USD USD USD
36.52 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
96.63 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)
9,961.34 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.38 USD USD USD
36.52 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
96.63 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)

Iraq's Muhaj Baghdad partners with Danieli for state of the art rebar rolling mill

Muhaj Baghdad, an Iraqi company, has partnered with Danieli to construct a state-of-the-art rolling mill facility in Al-Hilla, south of Baghdad.

Iraq's Muhaj Baghdad partners with Danieli for state of the art rebar rolling mill

Muhaj Baghdad, a prominent Iraqi company, has inked a groundbreaking deal with Danieli to spearhead the development of a cutting-edge rolling mill facility capable of producing 500,000 tons per year of rebar.

The envisioned facility will leverage Danieli's advanced high-speed rolling technology to manufacture premium-quality rebar ranging in diameter from 10 to 40 mm.

Anticipated to commence operations in the latter part of the third quarter of 2025, the new high-speed mill is expected to usher in a new era of efficiency and productivity in rebar production within the region.

Under the agreement, Danieli will not only supply state-of-the-art equipment but also extend its expertise in plant starting, installation, and training advisory services. Furthermore, the inclusion of Danieli Automation L1 automation systems underscores a commitment to cutting-edge technological solutions.

With this strategic investment, Muhaj Baghdad is slated to emerge as a key contender in Iraq's TMT bar market, poised to meet the growing demand for high-quality rebar in the region. This collaboration between Muhaj Baghdad and Danieli marks a significant milestone in the evolution of Iraq's steel industry, promising enhanced capabilities and bolstered competitiveness in the global market.

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