Tuesday, April 8, 2025
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    Saudi Arabia

    Al-Ittefaq Steel becomes regular member of World Steel Association

    Saudi Arabia's Al-Ittefaq Steel Products Company has officially joined the World Steel Association (Worldsteel) as a regular member, the industry body announced. The company...

    Miahona secures contract for industrial wastewater treatment plant in Jeddah

    Saudi Arabia's Miahona has announced that it has been awarded a contract to develop an industrial wastewater treatment plant in Jeddah's 1st Industrial City,...

    Molan Steel’s net loss widens in 2024

    Saudi Arabia's Molan Steel Co. reported a 48pct YoY increase in net losses for 2024, according to a stock exchange filing. The company posted...

    Bena Steel’s net profit more than doubles in 2024

    Saudi Arabia's Bena Steel Industries Co. reported a significant rise in net profit for 2024, reaching SAR 10.68 mln (USD 2.84 mln), more than...

    Hadeed leaves long steel prices unchanged for April deliveries

    Saudi Iron and Steel Company (Hadeed) has announced that long steel prices will remain unchanged for April deliveries. The company is offering rebar (12-32 mm)...

    Orascom and Tecnicas Reunidas secure EPC contract for Qurayyah IPP expansion project

    Egypt's Orascom Construction and Spanish energy firm Tecnicas Reunidas have signed a USD 2.6 bln engineering, procurement, and construction (EPC) contract for the Qurayyah...

    GCC imposes AD tariffs on aluminum alloy flat steel imports from China

    The Gulf Cooperation Council (GCC) has announced the imposition of anti-dumping duties on imports of aluminum alloy flat products from China. According to the GCC's...

    Riyadh Steel reports sharp profit decline in 2024

    Riyadh Steel, a Saudi Arabian long steel producer, reported an 82pct YoY drop in net profit for 2024, according to its stock exchange filing. The...

    Heisco secures key contract for Saudi Aramco project

    Kuwait's Heavy Engineering Industries and Shipbuilding Company (Heisco) has secured a significant contract for civil and mechanical work at Saudi Aramco's Abqaiq oil facilities...

    Doosan Enerbility wins contract for power plant project in Riyadh

    South Korea's Doosan Enerbility has signed a USD 612 mln contract with the Saudi Electric Power Corporation (SEPC) to build the 1.8 GW PP12...

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