Kobe Steel announced that its wholly owned subsidiary Midrex Technologies has secured a natural gas based direct reducing iron plant with 1.76 million tonnes of annual output capacity from Beshay Steel of Egypt. Beshay Steel will start the operation in early 2010.

Midrex Technologies provides process license, design and major facilities for several billion yen. The plant is the largest project among 10 orders for Midrex Technologies since 2004.