VOL. XXXIV

NO. 6

12-NOVEMBER-1990

Saudi Arabia

Danielli Wins Letter of Intent for HADEED's Rolling Mill

The Saudi Iron and Steel Company (HADEED) has awarded Italy's Danielli andCo. a letter of intent for the expansion of the rolling mill at its Jubailplant. The project, with an estimated cost of DM200mn ($132mn), is the thirdstage in the overall expansion scheme of the HADEED plant which is designed todouble capacity to 2mn tons/year from the current 1.1mn t/y. The work will coverthe installation...