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Steel News

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Home Steel News Garmco plans to build new aluminum remelting plant in Bahrain
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Garmco plans to build new aluminum remelting plant in Bahrain

25 Jan 2016 17:23 reported by Eva

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Gulf Aluminium Rolling Mills Company (Garmco)has announced to invest US$ 55 million for new aluminum remelting factory in in Bahrain.

The remelting aluminum factory invested by Garmco with USD 55 million held a groundbreaking ceremony in Bahrain. The new project is expected to be completed in November 2017.

The new project will be able to improve the company's profitability, mining local and international market opportunities. After the completion of the plant, the plant can produce 120000 tons of aluminum billet, providing 50 new jobs, resulting in significant cost savings benefits.

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Metal Price Index

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LME Official Bid Price

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  • 2,735.00
  • 2,744.00
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  • 2,574.50
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  • 9,870.00
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