Ahmed Mansoor Al-A’ali Company shelves plans for 500,000 tonne-a-year steel plant.
Bahrain’s Ahmed Mansoor Al-A’ali Company (Ama) has cancelled its plans to build a $200m steel mini-mill in the kingdom.
“The technical team at Ama has been desolved and now the project has been shelved,” says a source close to the project. “The exact reasons behind the cancellation is unclear.”
The plant, that was to consist of a steel shop, billet caster and rebar rolling mill and was to have a capacity of 500,000 tonnes a year (t/y) of steel on completion. Work was scheduled to take 20-22 months to complete.
No one at Ama was available for comment when contacted by MEED.
Ama is a Bahraini construction contractor and the company had planned to use up to 50 per cent of the steel rebar it produces for its own projects.
A contracting source who had submitted a bid for the engineering, procurement and construction (EPC) contract for the project says he has not heard anything from the project in months.
“We placed a bid in 2010 and have not heard anything since really,” says the source. “We are not expecting anything to emerge from this anymore.”
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