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Indian steel producer will build $4bln integrated steel plant in Saudi Arabia

India’s Essar Group plans to invest 4 billion dollars to establish an integrated flat steelworks plant in Saudi Arabia.

07.10.2022 - 09:21

Indian steel producer will build $4bln integrated steel plant in Saudi Arabia

The project will have a total capacity of 4 million tonnes per annum.

The plant is scheduled to break ground by year-end and will be completed by end-2025, and will have continuous casting and hot strip capacity, cold rolled coil capacity, a tin plate line, and two direct reduced iron (DRI) plants.

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