01
Dec
12:00
Aramco, Posco to conduct plate mill feasibility study
Saudi Aramco has signed a memorandum of understanding with Posco to collaborate on evaluating the feasibility of constructing an integrated steel plate mill in Saudi Arabia.
The agreement is part of Aramco’s expansion of its programme to increase local content and boost domestic supply chains. It is a significant milestone in the company’s In-Kingdom Total Value Add (iktva) programme, which marked its fifth anniversary on 1 December, the company s…
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Anonymous
Very good overview of the weekly steel market.
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