New Saudi firm plans steel billet plantNewly-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 More… |
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… |
Ezz Steel invests $475m to boost outputEzz 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 More… |
ESI commissions Abu Dhabi steel plantEmirates 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 More… |