29
Oct
08:50
New flat steel investment comes to Saudi Arabia
Saudi Arabia’s National Industrial Development Centre (NIDC) and India-based Essar, have signed a memorandum of understanding (MoU) on Thursday 28 October, to develop a flat steel production facility.
NIDC’s chief executive, Nizar y. Al-Hariri and Rewant Ruia from Essar have undersigned the agreement. The MoU aims to build an integrated plant in Ras Al-Khair industrial city, which would be the first industrial project to produce green steel in th…
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Anonymous
Very good overview of the weekly steel market.
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