KSA has 41 steel factories with 18m tonnes capacity

Saudi Arabia’s’ National Industrial Development Center said the kingdom has 41 existing factories that produce steel at a capacity of 18 million tonnes.

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 statement on Tuesday.

This comes in realisation of the Vision 2030’s goals aimed at nationalising strategic industries.  

in June, the World Steel Association classified Saudi Arabia as one of the world’s 20 major steel-producing countries with a production of 8.2 million tonnes in 2019.

The world ranking captures the efforts exerted by the Saudi government as well as the public and private sectors in bolstering the steel industry, being one of the kingdom’s strategic and vital industries.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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