Saudi steel firm Hadeed cuts costs as prices weighSaudi 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. More… |
Saudi steel firm Hadeed cuts costs as prices weighSaudi 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. More… |
Bahrain Foulath seals Saudi acquisition dealBahrain-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 More… |