Saudi Basic Industries Corp's (Sabic) affiliate Hadeed said on Sunday it had signed a deal with Italian foundry equipment maker Danieli for the construction of a steel plant in Saudi Arabia.
The plant would have a production capacity for s
State-owned Emirates Steel Industries has signed a Dh1.74 billion ($474 million) contract with Danieli Corporation for construction of phase II B of the company's overall Dh9 billion ($2.45 billion) expansion plan.
Italian foundry equipment maker Danieli has been awarded a contract to build a steel plant in Saudi Arabia worth 800 million riyals ($213.3 million), the firm's Saudi client Al-Rajhi Steel said on Saturday.
Al-Rajhi Steel, one of Saudi
Italian foundry equipment maker Danieli has won a $1 billion contract to expand a steel plant in Abu Dhabi, the plant owner said.
Abu Dhabi state-owned General Holding Corp (GHC) said in a statement the deal was part of a $4.5 billion plan