Rayanco, one of Saudi Arabia’s leading scrap metal suppliers, is constructing the country’s first electric arc furnace (EAF) steel billet plant in Dammam’s 3rd Industrial Area.
The company’s founder and CEO, Shahjahan Aijuddin, confirmed that production equipment has been ordered from a Chinese manufacturer and that construction is actively underway. Approval for the electricity supply connection is expected soon, and the plant is planned to become operational between June and August 2026.
During the initial phase, the plant aims for an annual production capacity of 150,000 tons, with plans to increase this capacity to 200,000 tons in the near future.
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