Metals

30 per cent rise in melt shop capacity for Qatar Steel

30 per cent rise in melt shop capacity for Qatar Steel

An agreement between Qatar Steel and engineering and plant-building firm, Siemens VAI, will see Qatar Steel's melt shop capacity go up by about 30 per cent following an ‘upgrade project’. The deal covers the supply and installation of core equipment required for the upgrade and the project will also take care of the emissions through a sophisticated ‘off-gas treatment system’.

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HADEED signs steel plant contract

Hadeed

SAUDI BASIC INDUSTRIES Corporation (SABIC) announced that its manufacturing affiliate, Saudi Iron and Steel Company (HADEED), signed an agreement with the Italian company, Danieli, for the construction of a steel plant and a production line for galvanizing long products in Jubail, Saudi Arabia.

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Aluminium industry buoyed by US$10.8 billion deal

SAUDI ARABIAN MINING Company (Maaden) has signed a US$10.8 billion contract with Alcoa, a world leader in aluminium, for the development of a fully integrated world-class aluminium industry in the kingdom.

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One million tonnes of steel

SAUDI STEEL FIRMS have accumulated around one million tonnes of steel products in their stocks due to an export ban and poor demand. The industry has urged the government to reconsider the decision to ban exports and has valued the surplus steel at US$533mn. Contractors have warned that removing the ban will result in spiralling costs.

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Emal commits to smelter

EMIRATES ALUMINIUM (EMAL), a joint venture between Abu Dhabi's Mubadala Development Company and Dubai Aluminium (Dubal), has so far committed US$3.6 billion in investment by awarding 326 contracts for its smelter.

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