Wednesday 25 November 2015

Italy's Danieli to build steel plant for Sabic

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


Emirates Steel, Danieli sign $474m expansion deal

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. Italy-based Danieli


Al Rajhi awards $213m contract to Italy's Danieli

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


Danieli wins $1bn UAE steel plant deal

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

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