Middle East Economic Survey
VOL. LII
No 47
23-Nov-2009
SAUDI ARABIA
SABICs HADEED Awards Steel Plant Contract To Italys Danieli
Saudi Iron and Steel Company (HADEED), a subsidiary of Saudi Basic Industries Corporation (SABIC), signed an agreement with Italian firm Danieli on 14 November for the construction of a steel plant and production line for galvanizing long products in Jubail. HADEED said the new plant will have production capacity of 1mn tons/year of steel billets, helping to make it...
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