VOL. XXXVI

NO. 22

1-MARCH-1993

SAUDI ARABIA

SULB's 1992 Output Exceeds Capacity

The Steel Rolling Company (SULB), a wholly-owned subsidiary of the Saudi Ironand Steel Company (HADEED), produced 242,886 tons of steel rebar in 1992 andmarketed 539,590 tons, or more than double its output, with the differencebetween these two quantities made up by supplies from HADEED. The latter is owned 95% by the Saudi Basic Industries Corporation (SABIC) and 5% by DeutscheEntwickbung Gesellschaft of Germany. The...