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Alba, Saudi group discuss safety standardsAluminium Bahrain (Alba) recently hosted a delegation from Saudi Iron and Steel Company (Hadeed), a wholly-owned subsidiary of Saudi Basic Industries Limited (Sabic), and held key discussions on promoting safety standards across the organisation More… |
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Safco, Hadeed cancel steel plant planTwo affiliates of Saudi Basic Industries Corp (Sabic) have cancelled a plan to build a steel plant in Jubail Industrial City after feasibility studies were 'not encouraging.' One of the affiliates, Saudi Ar More… |
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Saudi steel demand seen rising 8pcDemand for steel in top oil exporter Saudi Arabia is expected to rise this year by 8 percent with consumption nearing 6.4 million tonnes, Saudi Arabian Basic Industries (Sabic) said on Wednesday. Saudi Arabian authoritie More… |
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Sabic to hike steel rebar pricesState-controlled Saudi Basic Industries (Sabic) will raise prices of steel rebar and wire rod by SR100 ($26.7) per tonne as of Monday, the company said. Higher iron ore and scrap metal costs led to the increase, Sabic's vice-chairman f More… |
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New Jubail plant to boost Hadeed growthHadeed, 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 More… |
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Italy's Danieli to build steel plant for SabicSaudi 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 More… |
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Sabic plans to triple steel capacitySaudi Basic Industries Corp's metals group said it will more than triple steel production capacity to 17 million tonnes by 2020 through acquisitions and the building of new plants. Sabic's ambitious capex plans come despite a forecast of w More… |
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Sabic cuts steel pricesSaudi Basic Industries Corp (Sabic), the Gulf's largest steel maker, will slash some prices from Monday amid signs of slowing demand. Sabic, whose subsidiary Hadeed is the kingdom's largest steel maker, said in a statement prices of reinfo More… |
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Safco, Hadeed to build steel plantSaudi Arabian Fertilizers Co (Safco) said on Sunday it has signed a deal with a steel unit of Saudi Basic Industries Corp to set up a steel plant with a capacity of 1.7 million metric tonnes a year. Safco and Hadeed would jointly build the More… |
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Energy Central wins $300m Hadeed dealEnergy Central Co., an integrated utilities provider based in Bahrain, has won a $300 million contract at Saudi Iron & Steel Company (Hadeed). The company has been appointed by Zamil Industrial Investment Company as the main contr More… |
