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24 Nov
10:13

Solb Steel discusses meltshop restart

Saudi Arabia long steelmaker Solb Steel, based in Jazan, is mulling restarting its meltshop to be back fully operational in the Saudi market in the new year, Kallanish hears from local market sources. Representatives of the joint venture’s shareholders, which include Qatar Steel with a 31.03% stake, met recently in Riyadh to solve financial issues. The steelmaker traditionally sourced the majority of its direct reduced iron feedstock from Qatar Steel. S…
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