31
Mar
10:51
Hadeed hikes deliveries, eyes new capacity, products
Saudi Arabia's largest steel producer, petrochemical giant Sabic's wholly owned subsidiary, Hadeed, increased its production and sales volumes in 2022.
The company achieved 12% on-year growth in production to 5.2 million tonnes, from 4.6mt in 2021, and increased its sales volume by 19% to 5.2mt, from 4.4mt recorded a year earlier, Kallanish notes.
Hadeed has a 3.8m t/year finished long steel capacity comprising rebar, rebar in coils and wire rod. The flat…
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Anonymous
Very good overview of the weekly steel market.
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