Newly-formed Sulb National Co will start before the end of next year a 300,000 tonnes steel billet plant that would cover 20 percent of Saudi Arabia's deficit in the product, its top executive said.
Sulb expects a government stimulus p
Hadeed, the manufacturing affiliate of Saudi Basic Industries Corporation (Sabic), said it will become self-sufficient in feedstock, intermediate and finished products with the opening of the new steel plant at Jubail in the second half of 20
Ezz Steel, Egypt's largest steel producer, said on Sunday it was investing $475 million to set up a new billet production line and a direct reduced iron (DRI) plant.
The firm will invest $75 million in a new billet production line to b
Emirates Steel Industries (ESI), wholly-owned by the government of Abu Dhabi, has started commissioning its new Dh802 million ($218 million) steelmaking plant at Mussafah.
The construction of the country’s first integrated steelmaking