Saturday 18 April 2015
 
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Sabic steel products sales total 6m tonnes

Saudi Basic Industries Corporation (Sabic) meets half the local demand for steel products, with sales reaching around 6 million metric tonnes a year, a senior executive said. "Sabic is the first company in the region to offer

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Sabic may review Hadeed expansion plans

Saudi Basic Industries Corporation (Sabic) is likely to review the planned expansion of the Saudi Iron and Steel Company (Hadeed), its metals affiliate, following a decline in steel prices. Sabic chief executive Mohamed Al Mady to

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Sabic may review Hadeed expansion plans

Saudi Basic Industries Corporation (Sabic) is likely to review the planned expansion of the Saudi Iron and Steel Company (Hadeed), its metals affiliate, following a decline in steel prices. Sabic chief executive Mohamed Al Mady to

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Sabic plans to lift steel capacity to 10m tonnes

Saudi Iron and Steel Co (Hadeed), the metals affiliate of Saudi Basic Industries Corp (Sabic), plans to add 4 million tonnes of annual steel output capacity to reach 10 million tonnes by 2025, an executive said. "Sabic's

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Alba, Saudi group discuss safety standards

Aluminium 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

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Safco, Hadeed cancel steel plant plan

Two 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

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Saudi steel demand seen rising 8pc

Demand 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

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Sabic to hike steel rebar prices

State-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

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New Jubail plant to boost Hadeed growth

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

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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

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