Danieli to Build $213 Million Saudi Steel Plant, Reuters Says

23/08/2009 00:00 AST

Danieli SpA has been awarded a contract to build an 800 million riyal ($213.3 million) steel plant in Saudi Arabia, Reuters reported, citing a release issued by the company’s Saudi client, Al-Rajhi Steel.

The agreement to build a 1 million tonnes-a-year steel rebar plant was signed on Thursday, Reuters said.


Bloomberg

News

Rajhi Steel to build SR15bn complex

19/04/2011

Saudi-based Rajhi Steel plans to set up a SR15 billion ($4 billion) heavy steel complex at King Abdullah Economic City (KAEC) and will get dry gas from Aramco, the state news agency said on Monday.

Reuters

Al Rajhi awards $213m contract to Italy's Danieli

22/08/2009

Italian foundry equipment maker Danieli has been awarded a contract to build a steel plant in Saudi Arabia worth 800 million riyals ($213.3 million), the firms Saudi client Al-Rajhi Steel said on Sat

Reuters

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