• Bahrain Steel
    Bahrain Steel: Established in 1984, Bahrain Steel, wholly owned by Foulath, is a leading producer of iron-ore pellets used in the production of steel. It operates two pelletizing plants in the Kingdom of Bahrain with a total capacity of 11.0 million tons per year. It is one of the three major merchant pelletizing producers in the world and the only one located in the Middle East.
  • USCO
    United Stainless Steel Company (USCO): Wholly owned by Foulath, USCO is the Middle East’s first stainless steel re-roller. It is located in the Kingdom of Bahrain and has a production capacity of 100,000 tons per year of cold rolled stainless steel. USCO commenced commercial operations in the fourth quarter of 2008. The Company’s high quality stainless steel products are sold to customers throughout the world.
  • SULB
    United Steel Company (SULB):
    United Steel Company ("SULB") BSC (c) is the Middle East region's first fully integrated medium and heavy beams and structural steel sections producer. Located in the Kingdom of Bahrain, SULB is a joint venture between Gulf United Steel Holding Company ("Foulath") BSC (c) and Japan's Yamato Kogyo Co.
SULB

United Steel Company (“SULB”) BSC (c) is the Middle East region’s first fully integrated medium and heavy beams and structural steel sections producer. Located in the Kingdom of Bahrain, SULB is a joint venture between Gulf United Steel Holding Company (“Foulath”) BSC (c), the Middle East’s leading steel investment vehicle and holding company (owning 51% of SULB), and Japan’s Yamato Kogyo Co., Ltd, a leading global beams and structural sections producer (owning 49% of SULB).

SULB’s facilities are being established within Foulath’s existing state-of-the-art steel production complex located in Bahrain’s Hidd Industrial Area.

The facility will be comprised of a Direct Reduction Iron Plant (DRI Plant) with a nameplate capacity of 1.5 million tons per year (mtpy), which is capable of producing 1.8 mtpy, and a Melt Shop (MS) and Heavy Section Rolling Mill (HSM) with nameplate capacity of 0.8 mtpy, which is capable of producing 1.0 mtpy.

SULB will be the lowest cost producer of its kind in the world and, once fully operational, will replace approximately 14% of the current imports of medium and heavy beams and structural sections into the Middle East markets.

The project is being developed in co-operation with world leading steel industry and technical partners.

It is expected that SULB will begin commercial operations by the second half of 2012.

 

To view the SULB Environmental & Health Evaluation Report, please click here