About Project

In 2022, Kingston led the Development, throughout pre-feasibility, feasibility and bankable feasibility, legal-financial-technical structure, financing plan, and documentation, to develop the Plant.

Overview

Investing in the Iraqi market, particularly in the iron and steel industry, offers lucrative opportunities for growth and profitability. With growing export potential, strategic import dynamics, diverse supply chains, government support, and the potential for industry advancement, investors stand to benefit from tapping into Iraq’s burgeoning market and contributing to its economic development journey.

Royal Steel Mill mainly includes the steelmaking workshop, the steel rolling workshop, the sewage treatment plant, the oxygen station, the lime kiln, the 110 kV main substation and its supporting public and auxiliary facilities. In the 530,000 t/a EAF area of Phase I, a steelmaking workshop will be built whose main facilities include one 60 t EAF, one LF, one billet CCM, and supporting auxiliary facilities. The wire rod rolling project belongs to Phase I, with auxiliary equipment composed of hydraulic systems, lubrication systems, lifting and transportation equipment, and mechanical repair equipment.

The main facilities in the 530,000 t/a EAF area of Phase II include one 60 t EAF, one LF, one billet CCM, and supporting auxiliary facilities. The bar rolling project belongs to Phase II, with auxiliary equipment including hydraulic systems, lubrication systems, lifting and transportation equipment, and mechanical repair equipment.