20
Sep
12:55
SIDF eyes local iron ore mining investment support
The Saudi Industrial Development Fund (SIDF) wants to support the localisation of the industrial supply chain in Saudi Arabia, according to its chief executive, Ibrahim Almojel. This includes investments into securing raw materials for steelmakers.
SIDF’s capital has increased to SAR 105 billion ($28 billion). To date it has supported the Saudi steel sector with $14.3 billion of loans. As well as for new projects, SIDF offers financing for expansion, moder…
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Anonymous
Very good overview of the weekly steel market.
Anonymous