The company signed an agreement for land reservation with the Royal Commission for Jubail and Yanbu. The project aims to establish a mega hub in the industrial city of Ras Al Khair.
Browsing: steel industry
Steel-producing companies announced they aim to make these investments by 2028. This comes after a series of measures in favor of the Brazilian steel industry.
Tariff was increased from 5% to 10% on rebar and wire rod. Move falls in line with Gulf Cooperation Council.
The country produced 17.2 million tons in the year’s first six months. Exports dropped in volume, but revenues climbed.
