Friday 1 July 2016
 
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steel firm

Saudi steel firm Hadeed cuts costs as prices weigh

Saudi Iron and Steel Company (Hadeed), the metals affiliate of Saudi Basic Industries Corp (Sabic), will continue cutting its costs until end-2016 as it does not expect global steel prices to recover for two to four years, an executive said.

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Saudi steel firm Hadeed cuts costs as prices weigh

Saudi Iron and Steel Company (Hadeed), the metals affiliate of Saudi Basic Industries Corp (Sabic), will continue cutting its costs until end-2016 as it does not expect global steel prices to recover for two to four years, an executive said.

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Bahrain Foulath seals Saudi acquisition deal

Bahrain-based Gulf United Steel Holding Company (Foulath), a global steel investment vehicle, said its subsidiary United Steel Company (SULB) has successfully completed the acquisition of a steel company in Saudi. SULB, a steel manufacturi

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