VOL. XXXIII

NO. 43

30-JULY-1990

Saudi Arabia

Voest Alpine Finalizes Contract for HADEED'S Expansion

The Saudi Iron and Steel Company (HADEED) on 9 July awarded Voest-Alpine ofAustria a $100mn contract for the second stage of the expansion of its plant inJubail. A letter of intent for this project was awarded in March. The expansionproject is part of HADEED's plans to double its annual capacity from the current1.1mn tons to 2mn tons. The contract is divided into two parts with the largerone, which...