Pakistan’s first private-sector integrated steel manufacturing project of Al Tuwairqi Holding Tuwairqi Steel Mills Limited has recently completed construction of a 107 meter high Reduction Furnace Tower at Bin Qasim Port in Karachi. With the successful completion of this tower, TSML has added another skyscraper to the industrial map of the country.

The furnace tower employs the world’s most advanced Direct Reduced Iron technology of the MIDREX Process owned by KOBE Steel of Japan.

Mr Zaigham Adil Rizvi director projects of TSML expressed gratitude and congratulated his entire team for achieving such a milestone in time envisioned.

He said that “The project is progressing on a fast track basis; the cold commissioning and subsequently the hot commissioning with a regular production is targeted in June, 2009. This is Phase-I of the Project while Phase-II of the project, which is Electric Arc Furnace for the production of billets and slabs would also commence in 2009.”

Phase-I of the project constitutes a DRI Plant with the capacity to produce 1.28 million tonnes of high quality steel per annum and is targeted for completion in the second quarter of 2009. Phase-II of the project which consists of an Electric Arc Furnace and a Continuous Caster is targeted for completion in 2011. As backward integration, a Pelletization Plant of 2.4 million tons capacity has also been envisaged in the third phase of the project.