Steel industry in saudi arabia. 8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.
- Steel industry in saudi arabia gov. The Ministry is tasked with developing and implementing commercial policies for the Kingdom, facilitating and developing domestic & foreign commercial work, enhancing the role of the private sector in the national economy, developing trade relations 5 days ago · On October 20, 2024, Al Yamamah Steel Industries Company signed a contract to supply steel towers with Larsen & Toubro Saudi Arabia for the project to establish a 500 kV ultra-high voltage line from the central region to the western region (phase three) worth 170. 2. This news has brought confidence to the representatives of the domestic steel industry. The industry is concentrated, with the top five companies generating 57. com Oct 24, 2023 · We are the wholesale fasteners in Saudi Arabia and the wider Middle East region. 2024 edition of Metal & Steel Saudi Arabia will be held at Riyadh International Convention & Exhibition Center, Riyadh starting on 13th October. steel slag was consi dered as a waste m aterial and was du mped in the f orm of huge st ockpiles of . Sep 13, 2022 · Saudi Arabia intends to implement three steel production projects worth $9. O. industry within Saudi Arabia. 7 Billion in 2024 and is expected to hit USD 11. Algaswa Steel Industries Specialized Company was established with a mission to serve the industrial sector in the Kingdom of Saudi Arabia and the region. Main Markets. 3 days ago · The steel industry is a vital component of Saudi Arabia’s economic framework, and Afco Steel stands at the forefront of this sector, significantly contributing to the nation’s GDP. 10 - 15 Years; Dammam - Saudi Arabia; The role requires expertise in steel fabrication, supervisory experience, safety awareness, quality control, AutoCAD proficiency, and strong leadership and problem-solving skills. stands to benefit significantly from Saudi Arabia’s ambitious infrastructure development projects, which are driving growth in the steel industry. 13. Saudi Arabia is a major economic powerhouse in the Middle East, with a diverse industrial landscape. The company holds approvals from reputable organizations like SAUDI ARAMCO, SASO, UL, FM, and CE, ensuring high-quality standards. Supply growth is expected to be around 9%. The country holds some of the world’s largest oil and gas reserves, as well as a thriving petrochemicals industry. Aramco, Baoshan Iron & Steel Co. What Is the Demand of Steel in Saudi Arabia? The demand for steel in Saudi Arabia is estimated to be around 10-12 million tons annually, with a projected growth of 19. 2 Increasing Capital Investment towards Infrastructure Matco Industry, the best Corrugated Sheet in Saudi Arabia supplier too, gives precise data on steel bar weight, making it simple for you to select the right items for your needs. 2024 - 14:30 Saudi Arabia increased scrap prices as of 5 November. Steel Angles. It has since grown to become the largest center for flat products [Cut-To-Length ] and slitting of Ferrous & Non-Ferrous coils in Saudi Arabia. 0 K. Jun 11, 2024 · The steel industry in Saudi Arabia has emerged as a significant sector, with a current demand of 10-12 million tons per year. Mitwalli Steel Products Factory Co. The country’s government is negotiating with local and international investors. At LION STEELS we seek to remain contemporary and always at the forefront of development through our ability . Apr 2, 2024 · The latest report by IMARC Group, titled “ Saudi Arabia Steel Market : Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the Who are the key players in the Saudi Arabia structural steel industry, according to the report? The market key players are Saudi Iron and Steel Company (HADEED), Al Ittefaq Steel Products Co's (ISPC), Alfanar Group, Zamil Structural Steel Co. Al Shurook Steel Industries Factory is one of the leading factories in the Kingdom of Saudi Arabia in the field of cutting and forming iron bars. Since its Yet, each day unfolds new goals for us as we continue to evolve and augment our performance to match international benchmarks. L. +971-505469253 Saudi Arabia is looking to attract billions of dollars of investment to increase local supplies and reduce imports, and we support the country’s focus on differentiated steel investment. Oct 27, 2024 · JEDDAH: Steel towers for wind energy systems will soon be manufactured in Saudi Arabia following the signing of two agreements by the Kingdom’s Local Content and Government Procurement Authority. 8 billion tonnes), this moderate capacity is forecast to have a positive future upward trend in steel production. This report lists the top Saudi Arabia Structural Steel Fabrication companies based on the 2023 & 2024 market share reports. Steel storage tanks for industry in Saudi Arabia are manufactured following design codes such as API 620, API 650, and UL 142 to ensure high quality. Afco Steel, one of the major companies in the region, boasts a capacity of 8 million tons annually, indicating a robust manufacturing presence. woocommerce-product-gallery{ opacity: 1 !important; }</style> Steel Manufacturing in Saudi Arabia. Dec 12, 2024 · Stock analysis for Bena Steel Industries Co (BENA:Saudi Arabia) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 5%. 466 people interested. 00 Thousand Tonnes in October of 2020 and a record low of 7. Saudi Arabia Steel Rolling & Casting Market. 1 Production 5. Jun 11, 2024 · Who Is the Largest Steel Producer in Saudi Arabia? The largest steel producer in Saudi Arabia is Afco Steel. Steel companies in Saudi Arabia are essential for the development of the nation's infrastructure. [ ] Global Trends and Market Outlook Industry leaders will discuss the evolving landscape of the global iron and steel market, focusing on key drivers such as geopolitical shifts, upstream raw material availability, and global supply-demand Dec 17, 2021 · Al Yamamah Company for Reinforcing Steel Bars was established in 2003 with paid Capital of 300 Million. 5 million tons of steel annually. 5 million riyals. It is the largest private steel manufacturer in Saudi Arabia, with an annual production capacity of more than 100,000 tons. E and will conclude on Jun 11, 2024 · Afco Steel, a prominent steel company in Saudi Arabia, operates with a robust production capacity of 3. 303 open jobs for Steel in Saudi Arabia. 2 Finished Steel 5. They have been exporting to a variety of locations, including the Middle East, Asian nations, and African nations. Rayed Al-Ajaji, held its 12th meeting to discuss the MoU with the Indian Iron Union to exchange experiences, and to activate the recommendations of the First Saudi International Iron and Steel Conference and the obstacles facing the national steel industry in Saudi Arabia. C (ANIE), a renowned industrial conglomerate with manufacturing activities in sectors like Steel, Polymers, Structural Fabrication and Industrial Intermediates located across the AGCC & MENA region with its Head We entered the Steel Business from Riyadh, Saudi Arabia, by the end of 2003. 1 Long Products 5. A. 7 Billion in 2024. We specialize in the design, manufacture, and supply of steel structures and plate works for various industrial and commercial applications. The ARAB STEEL CO. The production performance grew gradually and gradually until the annual output exceeded 70,000 tons. Feb 2, 2023 · Saudi Arabia, 02 February 2023 – King Salman Energy Park (SPARK), the leading energy industrial ecosystem, celebrated the groundbreaking of SeAH Gulf Special Steel Industries’ (SeAH GSI) new production facility. Corporate Headquarters: Zamil Steel Construction Company Ltd. 2 Increasing Capital Investment towards Infrastructure According to a Memorandum of Understanding signed between Tosyalı Holding and Saudi Arabia's National Industrial Development Center (NIDC), the investment will include an integrated steel production facility with a total capacity of 4. Hadeed is a major player in the industry, contributing substantially to the country's GDP. Mar 27, 2024 · As of 2022, Saudi Arabia produced an estimated 9. Encouraging bank deposits on investment accounts in real estate May 2, 2023 · Agreement to establish first integrated steel plate manufacturing complex in Saudi Arabia. 3 Increasing Government Spending for New Projects in Various Sectors. With a commitment to quality and excellence, Afco Steel plays a crucial role in generating wealth and fostering sustainable national development . It is a 4 day event organised by Arabian German for Exhibitions & Publishing S. 8471840. 4% during 2025-2033. Steel angles, often referred to as angle iron or L-shaped steel, are crucial and versatile structural components widely used in construction and diverse industrial applications throughout the Kingdom of Saudi Arabia. Looking forward, IMARC Group expects the market to reach USD 11. Oct 26, 2021 · The National Committee for Steel Industry at the Council of Saudi Chambers, chaired by Eng. 2% of the Saudi Arabian GDP invested. Jul 24, 2024 · Steel production in MENA is primarily concentrated in four countries, which collectively account for 70% of the region’s output. Get access to Lusha's database of business leads from mining companies in Saudi arabia. It is one of Mohammed Abdul Aziz Al-Rajhi & Sons group of companies. On 06/09/2021 The company decision transforms its legal form from limited liability to a closed joint stock company. Tenaris Saudi Steel Pipe, founded in 1988 in Jeddah, Saudi Arabia, stands as a prominent manufacturer with an annual production capacity of 260,000 Metric Tons. Aug 23, 2024 · The steel structure sector in Saudi Arabia is poised for significant growth, with a projected compound annual growth rate of 3. Hitech Fence: Leading Fence Manufacturer in KSA, delivering premium fencing and steel solutions tailored to Saudi Arabia's security and construction needs. The company said in a statement on Tadawul … Quality Aluminum & Steel Scaffolding Manufacturer & Supplier in Saudi Arabia & Bahrain. The Kingdom`s Vision 2030 program also includes plans for further expansion into infrastructure and heavy industry. Piyush Steel is one of the leading manufacturers, suppliers of flanges in Saudi Arabia that is known for its quality products and standard measurements. These three elements—religion, tribalism, and untold wealth—have significantly shaped Saudi Arabia’s history and development . The industrial centre is developing a strategic plan targeting the localisation of new products that support supply chains of some industries such as the oil and gas, and shipbuilding industries, according to a … KSA has 41 steel Our product portfolio consists of a broad range of hot-rolled and cold-rolled flat products in coil form, long products, and wire rod coils. The company supplies a diverse range of steel products for various industries. 0 million ton/year of high value flat steel products. The Ministry of Commerce is responsible for regulating trade in Saudi Arabia. 4%. 9% from 2023 to 2026, driven by major development projects such as NEOM, Red Sea, Qiddiya, and Diriyah. Find high-quality products for oil and gas Industry. Apr 17, 2024 · As Saudi Arabia continues its march towards economic diversification and self-sufficiency outlined in Vision 2030, AIC Steel remains committed to replicating its success story. They are customizable and meet industry safety standards. is a flagship company of the AL ITTEFAQ STEEL CO. Job Title: Maintenance Engineer/Manager. This is the list of the largest public listed companies in the Steel industry from Saudi Arabia by market capitalization with links to their reference stock. 11. Jan 21, 2024 · Output remains high. w 1. Dec 14, 2024 · Saudi Arabia’s economy is the principal driver of the region’s economy. The primary objective is to set up an integrated Steel Plant for an annual production of more than 1. Bait Al Tatawor Company has emerged as a leading Steel Supplier / Processor in the Saudi market as well as exporting internationally. Rated 4. Our factory leads the industry in quality & standard. Al Yamamah Company for Reinforcing Steel Bars was established in 2003 with paid Capital of 300 Million. Street 11/32 Dammam 1 st Industrial City PO Box 877, Dammam 31421 Saudi Arabia +966. Al-Ayash Steel is an Engineering and a Fabrication leader of quality steel tanks catering to various sectors in Saudi Arabia. Sep 13, 2022 · Saudi Arabia’s iron and steel industry is well-positioned to accelerate transition to green and sustainable production thanks to technology choices, availability of low-cost electricity and natural gas and government programmes like the Saudi Green Initiative, the Minister of Investment Khalid Al-Falih said. The Kingdom’s primary focus is The ARAB STEEL CO. Bariq Mining . 70% of Saudi population does not own any house at all. (Hadeed) with a production capacity of 3. It has led to increased demand for steel suppliers in Saudi Arabia. Renowned for its commitment to upholding high standards in steel manufacturing and quality control processes, Afco Steel’s dedication to excellence guarantees superior products and supports economic development and critical projects across the region. It can open up new gates for Saudi Arabia’s steel pipe market as USD 1 trillion worth of infrastructure projects across various industries are underway in the kingdom. 5. 4 million by 2030. This map is a reliable reference for production capacities in GCC, the Arab region and North Africa. Lockdowns and restrictions led to disruptions in manufacturing and construction activities, affecting the demand for hot rolled coil steel used in these sectors. About us Founded in 1984 by the founder, late Mohammed Abdul Aziz Al-Rajhi. Production Supervisor (Steel Fabrication) Advanced Metal and Rubber Industries Co. These tanks, whether they are steel fuel tanks or used for other industrial purposes, are typically fabricated using durable materials like carbon steel and stainless steel. (Baosteel), the world’s leading steel conglomerate, and the Public Investment Fund (PIF) have signed a shareholders’ agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia. Jul 24, 2024 · Iran, Egypt, Saudi Arabia, and the UAE producing a total of 50 million tonnes of crude steel in 2023 1. 5 million tons. Oct 30, 2024 · On 08/01/1442 AH (corresponding to 03/14/2021 AD), the company decided to change the name of the company from “Al-Bawardi Steel Industries Company” to “BENA Steel Industries company. Modern Metal Steel Industries . It consists of various plants specialized in producing different types of steel products. We are an ISO Certified company specialized in Stainless Steel, Aluminium, Metal Works along with Design, Supply, Fabrication, Installation, and Maintenance works in Saudi Arabia. 1 million metric tons of steel, an increase from around 8. 21 billion in 2024, and is expected to reach USD 3. ALBA was established in 1980, specializing in the production and design of prefabricated houses which soon became widespread throughout the Kingdom of Saudi Arabia. With a focus on sustainability and technological advancements, the industry is well-positioned for future expansion. Contact Us Alinma Steel Industries Co. 8% in 2023 as a result of : Completion and postponement of some government projects. Jun 11, 2024 · The metal industry in Saudi Arabia boasts Afco Steel, a prominent player offering a wide array of high-quality fabricated products and services to various sectors. Dec 15, 2023 · Abdulrahman Algosaibi, chairman of Specialized Industrial Casting Company (SICAST), talks to The Energy Year about the drivers behind the company’s investment to set up a foundry producing steel casting components mainly for valves and pumps in Saudi Arabia. With integrated steel plants in Jubail and Jeddah, Afco Steel’s annual production capacity exceeds 5 million tons. Ltd. Dec 16, 2024 · Ministry of Commerce www. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Saudi Arabia Structural Steel Fabrication industry. Box 1315 Riyadh 11431 Kingdom of Saudi Arabia UAN: +966 920002773 info@alinmasteel. The Saudi Arabia prefabricated building and structural steel market offers several benefits for industry participants and stakeholders: Reduced Construction Time: Prefabricated buildings can be constructed significantly faster than traditional buildings, allowing for quicker project completion and faster occupancy. Saudi National Steel Factory (SNS) was commissioned in Year 2017 and is fully owned company of Al Nasser Industrial Enterprises L. Nov 22, 2023 · Saudi Arabia is the world’s largest oil exporter, and its economy is heavily reliant on the oil and gas industry. Skip to content +966-13-8123344 sales@mfsico. BSI strived into diversification & stepped up to another new levels in the Industry to Steel Fabrication facility, In the realm of crane capacities provided by crane manufacturers in Saudi Arabia, a wide range from 50 to 500 tons stands prepared to meet various project requirements. 8 Billion by 2033, with a CAGR of 3. May 13, 2024 · The leading steel company in Saudi Arabia is Saudi Iron & Steel Co. Jan 1, 2003 · Since the start of steel industry in 1982 in Saudi Arabia, the . , United Cutting & Bending Works Est. 7 million metric tons in 2021. Jul 23, 2024. The report provides the current scenario and forecast for each of these product segments until 2024. Feb 11, 2015 · The current demand for steel in Saudi Arabia is around 10-12 million tons per year. find out more about their tailored solutions and future growth strategies. If we talking about The tool and die steels industries in Saudi Arabia face some challenges . The company was The plants are applying the latest state-of-the-art technologies and equipment to product high […] The total number of companies decreases in 2023, to 300 units. 33 Thousand Tonnes from 1988 until 2020, reaching an all time high of 854. 14mm Length 72mm Threading size M364. After several years of constant development and hard work, we expanded the business to include diverse lines of business all of which are within the steel industry. We have been a fundamental portion of the development and advancement of the Indian showcase and quality trades. Baghlaf Steel produces high-quality metals of various sizes of any quality required. Jun 27, 2024 · The steel industry in Saudi Arabia is poised for substantial growth, supported by robust government initiatives and strategic investments in infrastructure and construction projects. Search Steel jobs in Saudi Arabia with company ratings & salaries. Steel Production in Saudi Arabia averaged 328. Steel grating Jun 22, 2024 · About Tenaris Saudi Steel Pipe. The region’s consumption of steel products decline by 4. It has also increased the production of corrugate sheets as well as the wider range of construction and metalwork supplies. The company focuses on customer-supplied products. <style>. Conclusion: The steel billet industry in Saudi Arabia has witnessed significant growth propelled by government investments in infrastructure projects and a strong domestic demand for steel products. The report analyzes the Saudi Arabian steel industry’s performance from 2015 to 2024 by highlighting its major growth drivers. Mitwalli steel has gradually developed its production lines and increased its annual production capacity of steel hollow pipes and tubes, flat bars, grille, corners, beams and sheets. Steel gratings , those ubiquitous metal meshes that support our steps, secure our machines, and guard our workers, represent a fascinating fusion of engineering and necessity. If you require any of the metal goods from our end, please let us know. During this visit, Steel Hub engaged in discussions with various steel producers, addressing operational and market challenges facing the Saudi steel industry in light of Vision 2030. Focused on building the new steel industry in Saudi Arabia in line with the Vision 2030 targets, the National Committee for Steel Industry (NCSI) has started the new calendar year with a decision on who will take the sector’s helm. 13 Carbon steel Qty 50,000 Since 1967 Al-Ayash Steel Industries presents High Quality Steel Storage Tanks across the Kingdom. As a leading supplier and manufacturer, we take pride in providing an extensive range of fasteners, including anchors, bolts, stud bolts, nuts, washers, screws, clevis/shackles, threaded rods & bars, shear studs/weld studs, steel & coils, tie rods & dowel bars, and special fasteners. Saudi Arabia Structural Steel Fabrication Market Future Outlook. com Sales sales@alinmasteel. 1. and is already setting up a green-field and integrated steel plant with a capacity limit of up to 4. Saudia Iron and Steel Companies are one of the world’s largest fully integrated steel producers in the world. Steel prices in Saudi Arabia dipped by nearly 18. Jul 1, 2024 · Top 3 largest Saudi Arabian Companies in the Steel industry by Market Cap. A detailed and updated map of Steel producers in the Middle East and North Africa region, prepared and released for the first time by the Saudi National Committee for Steel Industry. 2 by 40 people. The current capacity of Saudi steel companies is 8m tons per year. 1 Economic Growth Buoyancy to Steel Industry 4. 4% during 2024–2030, reaching USD 4,441. , consisting of DRI production compatible with hydrogen use, steel making and casting. List of Industries buy Duplex Steel and 904L Stainless Steel in AL Jubail. 4 Million in 2023, expected to hit USD 2,513. 9%. is set up in the prime location of Dammam, which is the second industrial area in the Kingdom of Saudi Arabia. mci. Iran, Egypt, Saudi Arabia, and the UAE producing a total of 50 million tonnes of crude steel in 2023 1. As the country strives to become a global logistics hub and a tourist destination, massive investments in infrastructure are fueling a surge in demand for steel. 1 Concrete Reinforcing Bar (Rebar) Sep 17, 2020 · Saudi Arabia Steel Industry in the Gulf Cooperation Council (GCC) Context 4. This latest report provides an in-depth analysis of the steel industry in the Kingdom. Relative to the world’s crude steel production (1. Sep 16, 2024 · Afco Steel, a pioneering force in Saudi Arabia’s steel industry, has been driving economic growth and development since its inception. Hot rolling steel, for example, is utilized in the making of channels, stainless steel entryways, and tanks, or it is assisted in changing over into cold rolling steel. , ArcelorMittal Tubular Products Jubail LLC, and Dallah Industrial Services Co. 4 billion in 2023, representing 7. 4. 2 percent of the total production in the Middle East and North Africa region ALBA was established in 1980, specializing in the production and design of prefabricated houses which soon became widespread throughout the Kingdom of Saudi Arabia. This growth is fueled by extensive government investment in infrastructure Sep 18, 2024 · This article reflects on a two-week visit by Dr. To meet all of your needs, we provide you with a range of steel items. Its steel products find application in diverse commercial and residential projects nationwide. Established in [Year of Establishment], Afco Steel specializes in providing customized steel products to clients across the Gulf States. Our group of specialists is continuously on hand to give direction and counsel, guaranteeing that you get the best items for your project. Meanwhile, if you are searching for the best PPGI Coil Supplier in Saudi Arabia, contact Matco Industry. As one of the largest steel producers in the region, we are committed to supporting infrastructure development in Saudi Arabia and maintaining best-in-class standards in efficiency, reliability, and EHSS. Jul 11, 2024 · Saudi Arabia has recently raised scrap metal prices, signalling increased demand for raw materials in the steel industry in the region. Kingdom of Saudi Arabia (KSA) is a country known for its rich well-developed cities that are at par with the other global cities with excellent infrastructure. Saudi Arabia Steel has played a vital role in the construction and industrialization of some of the world’s fastest growing economies. 07. Matco Industry Gi Coil Manufacturer in Saudi Arabia is a wrapped-up steel item such as a sheet or strip that has been wound or coiled after rolling. Modern Factory For Steel Industries Co. sa. Top 10 Steel Companies in Saudi Arabia. Reinforcement, Nails, Wire(HDG, ELG, PVC, Black) Chain Link, Barbed Wire, Welding Wires. Since establishing the factory in 2005 around eleven years ago, the factory managed to compete with the biggest and oldest steel producers in the kingdom due to maintaining product quality and due to the credibility of dealing with abroad clients and suppliers. The factory had obtained the Saudi quality certificate (saso) and it is approved in all constructional sectors. BENA Steel Industries commenced business in 1993 as a coil service center. Address: Po Box 270, Dammam 1st Industrial City, 31932, Dhahran Airport, Saudi Arabia. The largest iron and steel conference in Saudi Arabia, positioned at the heart of the Middle East's most vibrant and rapidly expanding industrial market. Dec 16, 2024 · Saudi Arabia’s National Committee for Steel Industry has stated that US President Donald Trump’s recent decision is not expected to have any significant adverse effect on Saudi steel and aluminum exports to the US given their limited volume at the present time, which reached around 150,000 mt in 2017, consisting particularly of seamless steel pipe, galvanized steel and pre-painted steel coils. 92 companies are listed in our database (showing 1 - 92) AGC, Exploration Drilling Company, Riyadh WASI steel Industries has been established as a structural steel fabrication company in Dammam, Saudi Arabia. UAE, Africa, Middle East. Saudi Arabia Structural Steel Fabrication Market Analysis The Saudi Arabia Structural Steel Fabrication Market size is estimated at USD 2. Al-Ittefaq Steel has been focusing on the steel industry since 1989. 1 million revenue in 2024, which is projected to witness a CAGR of 11. 8 Billion by 2033, exhibiting a growth rate (CAGR) of 3. Matco Industry, also known as a galvanized pipe manufacturing company in Saudi Arabia, is a high-quality steel pipe that is broadly utilized in distinctive assistant applications. 76 billion by 2029, growing at a CAGR of 11. The Saudi Arabian structural steel fabrication market will generate USD 2,321. Ajeej Steel is the premier producer of quality steel products for wide ranging needs having a total manufacturing capacity of more than 700,000 MT annually. Welcome to our deep dive into the steel gratings industry in Saudi Arabia, a sector that, while might not grab daily headlines, plays a crucial role in the region’s industrial scene. Jun 12, 2022 · The iron and steel industry is closely linked to countries’ economic conditions, Al Ansari said, expecting a promising future for demand in the Kingdom, especially as work is going around the clock on mega projects, in tandem with Saudi Vision 2030. They provide the steel materials required for the construction of buildings, roads, bridges, and other critical infrastructure projects. 2 Increasing Capital Investment towards Infrastructure Saudi Iron and Steel Company (HADEED), a prominent integrated steel facility situated in Al Jubail, Saudi Arabia, was established in 1979 and commenced operations in 1983. Steel Production in Saudi Arabia decreased to 440 Thousand Tonnes in December from 821 Thousand Tonnes in November of 2020. P. Saudi Arabia structural steel market size is projected to grow at a CAGR of 4. 30% during the forecast period (2024-2029). The demand for steel is to grow by 19. 1 Crude Steel 5. SICAST is a 100% Saudi-owned enterprise with shareholders from well-established names Grating Supplier in Saudi Arabia- Emerald Steel Industries LLC is one of the well-reputed, reliable manufacturers and suppliers of Engineering Products like Steel Gratings, FRP, GRP, Aluminium & SS Gratings, Diamond gratings, Stair Treads, Safety Handrails, Manhole Gratings and Steel Fabrication Works in Dammam, Riyadh, Jeddah and other Saudi Arabia regions. Yet, each day unfolds new goals for us as we continue to evolve and augment our performance to match international benchmarks. Sep 17, 2020 · Saudi Arabia Steel Industry in the Gulf Cooperation Council (GCC) Context 4. Dec 9, 2020 · Saudi Arabia’s’ National Industrial Development Center said the kingdom has 41 existing factories that produce steel at a capacity of 18 million tonnes. AFCO Steel, a prominent crane supplier in Saudi Arabia, offers an extensive fleet that includes heavy-duty cranes like All Terrain, Rough Terrain, and Crawler Cranes. It has since grown to become the largest center for flat products and slit ferrous & non-ferrous coils in Saudi Arabia Jul 1, 2024 · Share, Trends, Opportunity, and Forecast, 2018-2028 Saudi Arabia Rebar Steel Market is anticipated to grow at a steady pace during the forecast period, 2023-2028, owing to a rise in demand for steel rebar from the Read More. , Ltd. Al Kun Steel is the leading pipe fittings, flanges, valves, structural steel and hydraulic fittings supplier in Saudi Arabia. SeAH GSI, a joint venture between the Saudi Arabian Industrial Investments Company (Dussur) and the leading Korean steel manufacturer - SeAH CSS, is building the first of its kind Stainless Steel Channels Producer and Provider in Saudi Arabia: Matco Industry Matco Industry is one of the biggest producers and providers of stainless steel sheets in Saudi Arabia. List of Industries in Saudi Arabia. Saudi Arabia has created a Regional and International Leadership Position for the Steel Industry, Commensurate with the Position of the Only Arab and Regional Member of the G20. com New World Horizon is a trusted pipe supplier in Saudi Arabia, offering a wide range of Carbon Steel, Alloy Steel, Inconel, Nickel, Monel, Stainless Steel, and Duplex Steel pipes. The Saudi Arabia steel market size size reached USD 8. 8% from 2020 to 2026, due to the presence of numerous industrial activities and ongoing projects in the country. The key players in the Saudi Arabia steel rail market are Saudi Iron and Steel Company (Hadeed), Al-Tuwairqi Group of Companies, Arabco International Investment Co. A diversified full-fledged manufacturing facility based in Kingdom of Saudi Arabia. While the market faces challenges such as overcapacity in certain segments, the overall demand outlook is positive. 5 million tons of Reinforcing Steel Hitech Steel Industries, parent to various industrial divisions (Hitech Fence, Hitech Gabion, Hitech Barrier, Hitech Automation, Racks, and Partition), boasts a sterling reputation in Saudi Arabia. With an eye towards the future, AIC Steel is poised to leverage its experience, expertise, and newfound capabilities to embark on further localization projects. Founded on pillars of quality, innovation, and customer-centricity, we're the go-to partner for reliable fencing, security, storage, and landscaping solutions. Baghlaf Steel as one of the main Steel players in Saudi Arabia has indisputably the best Prizing Conditions & Terms and an extensive production and stock availability spread over the Mayor Steel warehouses within the BENA STEEL INDUSTRIES ˜BSI˜ Commenced business in 1993 as a Coil Service Center. Noor Steel Company, a top steel manufacturer & supplier in Saudi Arabia, Al Kharj, offers premium industrial steel products. , Arabian Metal Product Organization, and Isam Khairi Kabbani Group among others. Jun 6, 2019 · In particular, the Saudi Arabian government is increasing investment for the Kingdom’s socio-economic development. 5 million tons of Reinforcing Steel Sep 19, 2024 · It is an excellent opportunity for global steel suppliers in Saudi Arabia. The factory was founded in 1994 in the first industrial city in Jeddah. These structures are tailored to guarantee safe and efficient storage of various goods. Steel storage silos in Saudi Arabia provide robust and cost-effective solutions for industries. Towazn is one of the leading Aluminum & Steel Scaffolding Supplier & Manufacturer Industry provides innovative and safe scaffolding solutions for construction and maintenance projects across Saudi Arabia & Bahrain with unmatched quality and service. Explore the top 10 companies in Saudi Arabia based on the revenue and discover additional information>> Products. 5% on the backdrop of large governmental project, infrastructure spending, transportation and most importantly housing projects. With a good market position, we have been able to establish ourselves as one of the leading suppliers of premium quality flanges which are manufactured to the international quality standards. We align with domestic steel strategies set by the Ministry of Industry and other governmental agencies and pursue growth opportunities that reinforce these national initiatives in line with Saudi Vision 2030. approxim ately 4 million tons. Jun 28, 2024 · The Kingdom of Saudi Arabia (KSA) has witnessed significant advancements in its steel industry over recent years. 2. This growth is driven by the significant need for steel in construction, as approximately 70% of the population lacks homes. Apr 18, 2023 · The country has a well-established steel industry, which plays a crucial role in supporting the country's Summary Saudi Arabia Iron & Steel Market in 2023 and by 2025 Saudi Arabia is one of Saudi Arabia Structural Steel Fabrication Market Analysis The Saudi Arabia Structural Steel Fabrication Market size is estimated at USD 2. Check out who is attending exhibiting speaking schedule & agenda reviews timing entry ticket fees. Job Description Coupler carbon steel threaded 32mm Company Name :* ACE Location : Dammam Saudi Arabia Enquiry Ref Number : 125048 Size U32 OD 50mm ID 32. Looking for companies by tag Steel in Saudi Arabia? ZAMIL STEEL INDUSTRIES. 1% of total production value in 2023. Saudi Arabia Steel Industry Outlook to 2020 5. The fluctuation of global steel prices due to supply and demand dynamics, trade policies, and currency exchange rates. Saudi Iron & Steel Co is the largest company in Saudi Arabia, generating 33. Sep 16, 2024 · Saudi Arabia’s iron and steel industry generated a production value of $5. 00 Thousand Tonnes in June of 1998. How Many Steel Plants Are There in Saudi Arabia? Saudi Arabia boasts numerous steel plants, an essential component of its The hot rolled coil steel market in Saudi Arabia was impacted by reduced demand from industries like construction and automotive during the COVID-19 pandemic. The Saudi Arabia prefabricated building and structural steel market size reached USD 1,758. STEEL MANUFACTURER & SUPPLIER IN DAMMAM, KSA. Top 10 Steel Companies in Saudi Arabia . It is made of steel, a texture known for its quality and strength, making it an incredible choice for improvement projects. Our commitment to excellence ensures all materials meet international standards such as API, ASTM, ASME, ISO, DIN, and EN. This was stated by the country’s Minister of Industry and Mineral Resources, Bandar Al-Khorayef, reports Saudi Press Agency. … Matco Industry is a top manufacturer, exporter, and supplier of RHS and shs in Saudi Arabia and mild steel pipe and tube. Our Company is powered by this very force of change and sets the pace for the stainless steel industry in Saudi Arabia and Middle East. Location: Al Kharj Industrial City, Riyadh, Saudi Arabia Company: Seraj Steel Industries Industry: Steel Fabrication Type: Full-Time About Us: Seraj Steel From the beating heart of the Kingdom, Riyadh, Alssad Steel Company seeks to keep pace with the economic and urban growth in the Kingdom of Saudi Arabia and the goals of Vision 2030 by supporting the local industry in the Kingdom and producing rebar with the highest quality standards. A significant increase in interest rates in Saudi Arabia. 0% of the industry’s total production value in 2023. Products & Services Offered by Emerald Steel Industries LLC. According to the World Bank in 2022, the value added of industrial sector (including construction) constitutes 53. Outstanding steel fabrication services in Saudi Arabia await with Afco Steel precision engineering and industry expertise. Saudi Arabia Steel Industry in the Gulf Cooperation Council (GCC) Context 4\. 6 Million by 2032, with a CAGR of 3. 32 billion. Already, 11,000 factories exported industrial goods worth SAR 106 billion from Saudi Arabia in 2023. With a relentless pursuit of innovation and excellence, Afco Steel has established itself as a leading producer of high-quality steel products, catering to the diverse needs of various industries. Sep 05, 2023 | Published by: TechSci Research | USD 3,500 The strategy targets to increase steel industry GDP contribution from USD 3 Bn to USD 7 Bn, reduce its imports by USD 1 Bn, and produce a value added products Saudi electricity demand is expected to double by 2030 as part of Vision 2030 goals as it will be attributed to the increase of the electrical steel consumption Ajeej Steel serves as the ideal partner to meet the growing industry requirements for steel. It was established in 1373AH. 9% between 2024 and 2032. The Saudi Arabia steel market is expected to grow at a CAGR of 4. Under the Vision 2030 initiative, the Kingdom has started many construction projects. 2 Increasing Capital Investment towards Infrastructure Projects 4. Saudi Arabia steel market size size reached USD 8. Yasser Aboura, Senior Project Manager and Metallurgist at Steel Hub, to several steel plants across Saudi Arabia. However, it has its challenges. Jun 6, 2019 · To provide a clear picture of the steel industry, the analysts segmented finished steel into long products classified as rebar and structural sections; and flat products classified as coils (strips & sheets), plates and tubular products. Current Steel Demand in Saudi Arabia. 6 percent in 2023 despite a continuous upturn in projects within the Kingdom’s Vision 2030 economic diversification scheme, according to a government report. Nov 25, 2022 · Emerald Steel Industries LLC, an ISO 9001-certified business, places a premium on quality at every stage of production. Growth Drivers 4. gbcctl ptiz awubwi rjwz vqeyt pgrq qngn ejeiwos xilfkt ydtith
