VOL. XXX

NO. 16

26-JANUARY-1987

SAUDI ARABIA

Record Output at SABIC's Hadeed Plant

The Saudi Iron and Steel Company (Hadeed), which is 95% owned by the SaudiBasic Industries Corporation (SABIC), in 1986 produced a total of

1.9mn tons offinal products (reinforced bars and rods), up sharply from 1.18mn tons in 1985,according to SABIC's Vice Chairman and Managing Director, Mr. Ibrahim ibnSalamah. Production in the direct reduction factory rose to 1.1mn tons in 1986from 990,000 tons in 1985, against...