Steel industry in saudi arabia 1 Concrete Reinforcing Bar (Rebar) Jul 1, 2024 · Top 3 largest Saudi Arabian Companies in the Steel industry by Market Cap. Oct 21, 2024 · Neom is owned by Saudi Arabia's sovereign wealth fund and is part of Saudi Vision 2030, a plan that seeks to diversify the country’s economy and reduce its dependence on oil. 11 billion by 2032. IMARC Group provides an analysis of the key trends in each segment of the Saudi Arabia steel market, along with forecast at the country and regional levels from 2025-2033. Road 106 Jubail, 31961 Saudi Arabia Algaswa Steel Industries Specialized Company was established with a mission to serve the industrial sector in the Kingdom of Saudi Arabia and the region. L. The company focuses on customer-supplied products. 30% during the forecast period (2024-2029). Sep 18, 2024 · This article reflects on a two-week visit by Dr. Reinforcement, Nails, Wire(HDG, ELG, PVC, Black) Chain Link, Barbed Wire, Welding Wires. 7 million metric tons in 2021. Other key industry trends. 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. 2% of the Saudi Arabian GDP invested. Saudi National Steel Factory (SNS) was commissioned in Year 2017 and is fully owned company of Al Nasser Industrial Enterprises L. Skip to content +966-13-8123344 sales@mfsico. approxim ately 4 million tons. The factory had obtained the Saudi quality certificate (saso) and it is approved in all constructional sectors. The company supplies a diverse range of steel products for various industries. 2 percent of the total production in the Middle East and North Africa region Browse the latest Steel Structure Engineer Jobs in Saudi Arabia with top employers. Afco Steel, one of the major companies in the region, boasts a capacity of 8 million tons annually, indicating a robust manufacturing presence. Try comparing two companies from the list To compare two leading companies in Saudi Arabia by revenue listed above, you can select two top-rated companies and see their general company information which includes details such as total number of employees, revenue, as well as additional details. Feb 19, 2024 · Moreover, the steel industry in Jeddah has immense export potential. Saudi Arabia Steel has played a vital role in the construction and industrialization of some of the world’s fastest growing economies. Steel Production in Saudi Arabia decreased to 440 Thousand Tonnes in December from 821 Thousand Tonnes in November of 2020. 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 Modern Factory For Steel Industries Co. At LION STEELS we seek to remain contemporary and always at the forefront of development through our ability . In terms of revenue, Saudi Arabia accounted for 0. Hitech Fence: Leading Fence Manufacturer in KSA, delivering premium fencing and steel solutions tailored to Saudi Arabia's security and construction needs. 2 percent of the total production in the Middle East and North Africa region Mar 27, 2024 · As of 2022, Saudi Arabia produced an estimated 9. The market has been categorized based on type, product, and application. 5 - 7 Years; Saudi Arabia - Saudi Arabia; 05-07 years experience on same field;Oversee the selection and procurement of materials and equipment required for TIG welding;Maintain good working knowledge of the welding cha Since 1967 Al-Ayash Steel Industries presents High Quality Steel Storage Tanks across the Kingdom. Al-Ayash Steel is an Engineering and a Fabrication leader of quality steel tanks catering to various sectors in Saudi Arabia. Steel gratings , those ubiquitous metal meshes that support our steps, secure our machines, and guard our workers, represent a fascinating fusion of engineering Dec 18, 2024 · 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. BENA Steel Industries commenced business in 1993 as a coil service center. The Ministry of Commerce is responsible for regulating trade in Saudi Arabia. CO. 33 Thousand Tonnes from 1988 until 2020, reaching an all time high of 854. 2 Increasing Capital Investment towards Infrastructure Jun 11, 2024 · Who Is the Largest Steel Producer in Saudi Arabia? The largest steel producer in Saudi Arabia is Afco Steel. It has since grown to become the largest center for flat products and slit ferrous & non-ferrous coils in Saudi Arabia Apr 9, 2024 · Steel manufacturing in Saudi Arabia is driven by key players like HADEED, Al Rajhi Steel, and ISPC, with production capacities ranging from 3 to 6 million tons. The company was The plants are applying the latest state-of-the-art technologies and equipment to product high […] Jan 11, 2022 · GCC’s steel production sector is under pressure, mainly due to Covid-19 induced reduction in manufacturing output. The production of high-quality steel products has positioned Saudi Arabia as a global player in the steel market. Jan 1, 2003 · Since the start of steel industry in 1982 in Saudi Arabia, the . 5 days ago · It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world. 4% during 2024–2030, reaching USD 4,441. Top 10 Steel Companies in Saudi Arabia Among the top 10 steel companies in Saudi Arabia, Al-Ittefaq Steel Products Company stands out for its renowned reputation and substantial production capacity . 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. 6% of the global structural steel market in 2022. About us Founded in 1984 by the founder, late Mohammed Abdul Aziz Al-Rajhi. According to the World Bank in 2022, the value added of industrial sector (including construction) constitutes 53. Saudia Iron and Steel Companies are one of the world’s largest fully integrated steel producers in the world. 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. 6 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. Saudi Arabia Structural Steel Fabrication Market Analysis The Saudi Arabia Structural Steel Fabrication Market size is estimated at USD 2. 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. 9m tonnes in 2012, well up on the 4. Jul 24, 2024 · Steel production in MENA is primarily concentrated in four countries, which collectively account for 70% of the region’s output. Iran, Egypt, Saudi Arabia, and the UAE producing a total of 50 million tonnes of crude steel in 2023 1. +971-505469253 Oct 26, 2023 · Starting in 2024, Essar embarks on constructing a $4 billion state-of-the-art steel plant in Saudi Arabia, aiming to revolutionise the steel industry with advanced technology and sustainable practices 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 Saudi Arabian structural steel fabrication market will generate USD 2,321. 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. The prefabricated building and structural steel market in the region is further expected to grow at a CAGR of 5. 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. 4 million by 2030. Country-wise, China is expected to lead the global market in terms of revenue in 2030. 9%. 4 Million in 2023, expected to hit USD 2,513. 00 Thousand Tonnes in June of 1998. May 12, 2024 · Steel mills in Saudi Arabia produce a diverse range of products, including billets, steel bars, channel steel, angle steel, and round steel, demonstrating their production capabilities. Al Kun Steel is the leading pipe fittings, flanges, valves, structural steel and hydraulic fittings supplier in Saudi Arabia. 1 Economic Growth Buoyancy to Steel Industry 4. Without steel there would be no oil industry, no water in our homes, no lights in our streets, no cars to drive, no cities to live in. Jul 12, 2024 · Saudi Arabia's structural steel industry is experiencing significant growth driven by escalating investments and a strong presence of local companies such as Company A. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Saudi Arabia Structural Steel Fabrication industry. are also major contributors to the steel industry in Saudi Arabia. Job Description Coupler carbon steel threaded 32mm Company Name :* ACE Location : Dammam Saudi Arabia Enquiry Ref Number : 125048 Size U32 OD 50mm ID 32. Greif Jubail. 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. I think the steel industry is very important now because of the amount of construction happening in the country. stands to benefit significantly from Saudi Arabia’s ambitious infrastructure development projects, which are driving growth in the steel industry. 9% between 2024 and 2032. In this role, you will first undergo training in our office at Industrial 15 Sharjah for 6 months and to be assigned at our branch in Saudi Arabia. The production performance grew gradually and gradually until the annual output exceeded 70,000 tons. We Are Best Provider For Special Steel 40+ years of experience, we have become a prestigious name and have attained a strong place in the market of special steel MORE ABOUT OUR COMPANY We Are Certified & Insured Steel We are standing ahead of others due to our client-centric approach, quality standards and timely deliveries SEE OUR ISO CERTIFICATE Buy Online ! Al Tilal Steel is one of the renowned businesses in the Kingdom of Saudi Arabia and Middle East. 5 million tons of Reinforcing Steel 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. Inside the Operations of a Modern Steel Factory; Sep 16, 2024 · Afco Steel, a pioneering force in Saudi Arabia’s steel industry, has been driving economic growth and development since its inception. gov. Jun 5, 2014 · The transportation facilities that the government is building now are just to help industry and the economy. 1 Long Products 5. is a flagship company of the AL ITTEFAQ STEEL CO. December 20, 2024. These companies, along with others in the industry, play an essential role in the country's steel sector growth. 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. First of all, Saudi Arabia is still in desperate need of developing its infrastructure. w 1. and is already setting up a green-field and integrated steel plant with a capacity limit of up to 4. Neom In July 2022, Saudi Arabia presented the first designs for one region of Neom called The Line , a ‘linear city’ expected to accommodate nine million people. 14mm Length 72mm Threading size M364. It consists of various plants specialized in producing different types of steel products. The company said in a statement on Tadawul … 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. Matco Industry is a top manufacturer, exporter, and supplier of RHS and shs in Saudi Arabia and mild steel pipe and tube. Oct 30, 2012 · According to data from the Arab Iron & Steel Union (AISU), Saudi Arabia’s crude steel output is expected to hit 6. The Kingdom`s Vision 2030 program also includes plans for further expansion into infrastructure and heavy industry. NEW Alfa International. 21 billion in 2024, and is expected to reach USD 3. Find high-quality products for oil and gas Industry. 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. mci. 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. 8% from 2020 to 2026, due to the presence of numerous industrial activities and ongoing projects in the country. 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. 1 million metric tons of steel, an increase from around 8. This includes a detailed market research of 109 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis 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. Steel lies at heart of progress, from medical instruments to solar power, from high-tech forging to our transportation networks. Aug 23, 2024 · The industry’s growth trajectory aligns with the broader economic goals of Vision 2030, positioning Saudi Arabia as a key player in the global steel market. This growth is fueled by extensive government investment in infrastructure 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. The factory was founded in 1994 in the first industrial city in Jeddah. We align with domestic steel strategies set by the Ministry of Industry and other governmental agencies and pursue growth opportunities that reinforce these URGENTLY REQUIRED AUTO DENTER FOR INTERNATIONAL ROAD TRADING & MAINT. Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries. Saudi Arabia structural steel market size is projected to grow at a CAGR of 4. woocommerce-product-gallery{ opacity: 1 !important; }</style> 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. 2 Increasing Capital Investment towards Infrastructure Projects 4. 0 K. 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. This map is a reliable reference for production capacities in GCC, the Arab region and North Africa. Mitwalli Steel Products Factory Co. It was established in 1373AH. 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. Steel lies at heart of progress, from medical instruments to solar power, from high-tech forging to 6 days ago · Steel is the driving force behind the advancement of the economic development of the Kingdom of Saudi Arabia. The ARAB STEEL CO. 76 billion by 2029, growing at a CAGR of 11. 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. Baghlaf Steel produces high-quality metals of various sizes of any quality required. 11 comprehensive market analysis studies and industry reports on the Steel sector, offering an industry overview with historical data since 2019 and forecasts up to 2029. With a commitment to quality and excellence, Afco Steel plays a crucial role in generating wealth and fostering sustainable national development . 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. Bait Al Tatawor Company has emerged as a leading Steel Supplier / Processor in the Saudi market as well as exporting internationally. 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. 97 billion in the year 2023. Candidates must be qualified and have experienced in relevant field. 5 million riyals. 4 billion in 2023, representing 7. The organization recycles hundreds of thousands of tons of metal scrap generated by consumers, the industries and demolition sites in Saudi Arabia and the middle east to produce high quality steel billets and reinforcement bars. (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. The market landscape is characterized by a focus on infrastructure development, with local firms dominating due to their established networks and understanding of regional dynamics. Our factory leads the industry in quality & standard. Quality Aluminum & Steel Scaffolding Manufacturer & Supplier in Saudi Arabia & Bahrain. Find 238 new Steel Structure Engineer vacancies in Saudi Arabia and apply today. 2 Increasing Capital Investment towards Infrastructure Saudi Arabia Structural Steel Fabrication Market Analysis The Saudi Arabia Structural Steel Fabrication Market size is estimated at USD 2. 67m tonnes produced in 2008, while leading producers Saudi Basic Industries Corporation (SABIC), Tuwairqi Steel Mills and Rajhi Steel will collectively turn out some 7. 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 We entered the Steel Business from Riyadh, Saudi Arabia, by the end of 2003. Steel Drums. May 2, 2023 · Agreement to establish first integrated steel plate manufacturing complex in Saudi Arabia. Saudi Arabia Steel Industry Outlook to 2020 5. 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. (IRTC), JIZAN SAUDI ARABIA Writing, reading, basic communication should be good. Matco Industry, an unmistakable supplier in the Kingdom of Saudi Arabia (KSA), offers extraordinary steel erection services. STEEL MANUFACTURER & SUPPLIER IN DAMMAM, KSA. 2 Finished Steel 5. Yasser Aboura, Senior Project Manager and Metallurgist at Steel Hub, to several steel plants across Saudi Arabia. 6 days ago · Steel is the driving force behind the advancement of the economic development of the Kingdom of Saudi Arabia. This report lists the top Saudi Arabia Structural Steel Fabrication companies based on the 2023 & 2024 market share reports. Since its Looking for companies by tag Steel in Saudi Arabia? ZAMIL STEEL INDUSTRIES. It is the largest private steel manufacturer in Saudi Arabia, with an annual production capacity of more than 100,000 tons. Our group of gifted professionals specializes in the get-together and establishment of steel structures for private, commercial, and mechanical ventures in KSA. The industry in Saudi Arabia adheres to Saudi Standards , ensuring that their products meet the required quality specifications. 6 Million by 2032, with a CAGR of 3. [ ] 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 Saudi Arabia Steel Industry in the Gulf Cooperation Council (GCC) Context 4\. The primary objective is to set up an integrated Steel Plant for an annual production of more than 1. 13 Carbon steel Qty 50,000 The Saudi Arabia prefabricated building and structural steel market size reached USD 1,758. We are seeking a highly skilled Steel Structural Engineer for Facade-Steel to join our dynamic team in Saudi Arabia. This news has brought confidence to the representatives of the domestic steel industry. 1. One of the pioneers in the iron and steel industry The company in numbers 0 Factories 0 Years of Experience 0 Projects About us One of the companies of Mohammed Abdulaziz Al-Rajhi and his sons, and it was founded by the late Sheikh Mohammed bin Abdulaziz Al-Rajhi in 1984 AD, and it consists of several […]. Growth Drivers 4. 4m tonnes of billet this year. 5 million tons. 00 Thousand Tonnes in October of 2020 and a record low of 7. 1 Production 5. in similar field including GCC experience. Jun 17, 2024 · Al Rajhi Steel, Solb Steel, and Arab Steel Co. sa. 1 Crude Steel 5. 4. 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. 5. With a focus on sustainability and technological advancements, the industry is well-positioned for future expansion. 1 million revenue in 2024, which is projected to witness a CAGR of 11. Production Supervisor (Steel Fabrication) Advanced Metal and Rubber Industries Co. It is one of Mohammed Abdul Aziz Al-Rajhi & Sons group of companies. Saudi Arabia Structural Steel Fabrication Market Future Outlook. 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 Stainless Steel Tig Welder. 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. Sep 16, 2024 · Saudi Arabia’s iron and steel industry generated a production value of $5. With an eye towards the future, AIC Steel is poised to leverage its experience, expertise, and newfound capabilities to embark on further localization projects. ” SAUDI ARABIA STEEL “ Steel is the driving force behind the advancement of the economic development of the Kingdom of Saudi Arabia. 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. 9% from 2023 to 2026, driven by major development projects such as NEOM, Red Sea, Qiddiya, and Diriyah. Skip to content. 5 yrs exp. 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 Sep 17, 2020 · Saudi Arabia Steel Industry in the Gulf Cooperation Council (GCC) Context 4. Noor Steel Company, a top steel manufacturer & supplier in Saudi Arabia, Al Kharj, offers premium industrial steel products. The Saudi Arabia steel market is expected to grow at a CAGR of 4. 3 Increasing Government Spending for New Projects in Various Sectors. Aug 23, 2024 · The steel structure sector in Saudi Arabia is poised for significant growth, with a projected compound annual growth rate of 3. In conclusion, the Saudi steel Dec 17, 2021 · Al Yamamah Company for Reinforcing Steel Bars was established in 2003 with paid Capital of 300 Million. , Ltd. But with a global rebound and a string of megadevelopments on the horizon, the sector is set for a brighter outlook, according to market analysis by Glasgow Consulting Group. On 06/09/2021 The company decision transforms its legal form from limited liability to a closed joint stock company. Steel Production in Saudi Arabia averaged 328. 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. 6 days ago · Explore Saudi Steel Work, the forefront of the steel industry in Saudi Arabia. 2 days ago · Ministry of Commerce www. While the market faces challenges such as overcapacity in certain segments, the overall demand outlook is positive. 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. 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. With integrated steel plants in Jubail and Jeddah, Afco Steel’s annual production capacity exceeds 5 million tons. <style>. 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. The country’s strategic location and well-developed infrastructure further enhance its export capabilities. 10 + 2 Secondary School Age 20 to 35 yrs Min. com Al-Ittefaq Steel has been focusing on the steel industry since 1989. 20% between 2024 and 2032 to reach a value of almost USD 3. is set up in the prime location of Dammam, which is the second industrial area in the Kingdom of Saudi Arabia. Ltd. 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. Jun 28, 2024 · The Kingdom of Saudi Arabia (KSA) has witnessed significant advancements in its steel industry over recent years. Steel lies at heart of progress, from medical instruments to solar power, from high-tech forging to our transportation network. The Saudi Arabia prefabricated building and structural steel market size reached a value of almost USD 1. Aramco, Baoshan Iron & Steel Co. steel slag was consi dered as a waste m aterial and was du mped in the f orm of huge st ockpiles of . lnvdtgp zfrnv eijjlqw jels pxnio loqij utctiezcc ksh unein qyfx