In the heart of the Arabian Peninsula, Saudi Arabia shines as an industrial powerhouse, and its steel industry takes centre stage in shaping the nation’s infrastructure and economic prosperity. From towering skyscrapers to sturdy bridges, steel forms the foundation of Saudi Arabia’s modern landscape, showcasing the resilience and innovation of its steel companies.
The Kingdom has a storied history of steel production dating back to the 1950s when the first steel mill was established. Since then, the Saudi steel industry has experienced remarkable growth, becoming a substantial contributor to the nation’s GDP and a significant source of employment. Presently, Saudi Arabia stands as a leading steel producer in the Middle East and North Africa (MENA) region, boasting a production capacity exceeding 10 million tons per year.
Several top-tier steel companies drive this thriving industry, each offering unique expertise and contributions. These companies have played an instrumental role in developing Saudi Arabia’s steel infrastructure, providing the materials that have reshaped the nation’s skyline and laid the groundwork for its economic advancement.
The Saudi steel industry not only meets domestic demand but also serves a growing international market. Thanks to its strategic location, access to raw materials, and advanced production capabilities, Saudi Arabia is well-positioned to export steel products to neighbouring countries and beyond. As the Kingdom continues to expand its steel production capacity, it is poised to emerge as a major player in the global steel market.
Role of Steel Companies in Saudi Arabia
Steel companies in Saudi Arabia play a pivotal role in the nation’s economic growth and industrial development. They are responsible for producing the essential building blocks for various sectors, including construction, infrastructure, manufacturing, and energy. Their significance is undeniable, contributing to the country’s self-sufficiency and its position as a regional and global industrial hub.
The steel industry is a significant contributor to Saudi Arabia’s economy. In 2021, the sector accounted for approximately 4% of the country’s GDP, generating over 40,000 direct and indirect jobs. The industry’s growth is closely linked to the overall economic performance of the country, as it is a key supplier of materials for various infrastructure projects and manufacturing activities.
Steel companies in Saudi Arabia are essential for the development of the nation’s infrastructure. They provide the steel materials required for the construction of buildings, roads, bridges, and other critical infrastructure projects. The Saudi government’s Vision 2030 plan has placed a strong emphasis on infrastructure development, which has spurred significant growth in the steel sector.
The National Committee for the Steel Industry (NCSI) was established in 2016 by the Saudi Arabian government. The NCSI was formed under the initiative of the Ministry of Industry and Commerce, and its aim is to promote the development of the steel sector in Saudi Arabia, enhance its competitiveness, and contribute to the realization of the Kingdom’s Vision 2030.
List of Top 10 Steel Companies in Saudi Arabia
- Al-Ittefaq Steel Products Company (ISPC)
- Saudi Iron & Steel Co. (Hadeed)
- Zamil Steel Holding Company Limited
- Aasia Steel Factory Co. Ltd
- Shaaban Steel
- Modern Factory for Steel Industries
- Alssad Steel For Industry Co.
- Abdulkarim Alrajhi Steel Company (AKASCO)
- Al Tilal Al Saudi Steel Industrial Factory
- Al Gaswa Steel Company Limited
1. Al-Ittefaq Steel Products Company (ISPC)
- Location: Dammam, Saudi Arabia
- Website: ispc.com
ISPC is the largest private steel producer in the country. With an impressive production capacity of 3 million tons of steel rebar and wire rod, ISPC has established itself as a key player in the Saudi Arabian steel industry. What sets ISPC apart is its integrated facilities, including a Direct Reduced Iron (DRI) plant, billet making, and long product facilities in both Dammam and Makkah.
The company is dedicated to meeting national and international standards for quality, ensuring that its products stand out for their excellence in construction and manufacturing applications. ISPC’s commitment to innovation and quality management makes it a formidable force in the steel industry.
2. Saudi Iron & Steel Co. (Hadeed)
- Location: Jubail, Saudi Arabia
- Website: hadeed.com.sa
Hadeed is a major steel producer in the region. With a remarkable production capacity of 3.5 million tons of liquid steel, Hadeed has positioned itself as a significant contributor to the steel industry.
The company offers a wide range of steel products, including hot-rolled coils, cold-rolled coils, and galvanized steel. These high-quality products find applications in various sectors, such as construction, automotive, and appliance manufacturing. Hadeed’s dedication to maintaining high standards and its significant production capacity make it an indispensable pillar of the Saudi Arabian steel sector.
3. Zamil Steel Holding Company Limited
- Location: Dammam, Saudi Arabia
- Website: zamilsteel.com
Zamil Steel Holding Company Limited, a Saudi Arabian conglomerate, specializes in making and putting up steel buildings. They are used in various places such as offices, factories, homes, and big projects like roads and bridges. They can make more than 555,000 tons of steel every year, making them one of the biggest steel makers in the Middle East.
It employs more than 12000 employees all over the world. Zamil Steel is committed about making things in a way that does not harm the environment. They’re part of the World Steel Association, and they have certifications like ISO 9001, ISO 14001, and OHSAS 18001.
Zamil Steel’s products are known for being good quality, lasting a long time, and not costing too much. Their buildings are built tough to handle rough weather and are made to stick around for many years. And it’s not just about the buildings – the materials they use are good for the environment too. They use recycled steel and make sure their buildings use energy wisely.
4. Aasia Steel Factory Co. Ltd
- Location: Al Jubayl, Saudi Arabia
- Website: aasiasteelfactorycoltd.business.site
Aasia Steel Factory Co. Ltd. (ASFC) stands out as a top producer of clad steel products in the Middle East. Specializing in serving the oil, gas, petrochemical, and chemical industries, ASFC manufactures clad steel plates, pipes, fittings, and flanges. They employ advanced manufacturing methods to ensure top-notch quality that satisfies customer demands. ASFC’s annual production capacity reaches around 20,000 tonnes, with plans for expansion soon.
ASFC prioritizes delivering comprehensive solutions to customers, going beyond their core products. Apart from offering a diverse range of clad steel items, the company provides valuable services like engineering design, technical support, and on-site commissioning. Their dedicated team of engineers and technicians is ready to assist customers with specific needs, ensuring the best value for their investment.
Quality is a cornerstone of ASFC’s operations, reflected in their certifications and accreditations. Holding an ISO 9001:2015 certification and approvals from renowned international standards organizations such as ASME, API, and CE, ASFC ensures their products meet the highest performance standards through rigorous testing.
5. Shaaban Steel
- Location: Jeddah, Saudi Arabia
- Website: shaabansteel.com
Shaaban Steel is a leading steel manufacturer with a substantial production capacity of 2.5 million tons of steel products. Shaaban Steel’s product portfolio encompasses a wide range, including rebar, wire rod, and beams. These products are in high demand across different applications, spanning construction, infrastructure development, and various manufacturing processes.
The company’s commitment to producing top-quality steel products, paired with its significant production capacity, positions them as a trusted partner for those seeking steel solutions in Saudi Arabia’s dynamic market. Shaaban Steel’s role in supporting the growth of the nation’s infrastructure and industries cannot be overstated.
6. Modern Factory for Steel Industries
- Location: Dammam, Saudi Arabia
- Website: mfsico.com
Modern Factory for Steel Industries (MFSICO) is a company based in Saudi Arabia that makes various steel products like bars, nails, wire, fencing, barbed wire, and welding wires. MFSICO produces 150,000 tonnes of steel each year. It is used in construction, infrastructure, and agriculture.
MFSICO is big on eco-friendly practices. They’re doing things to lessen their impact on the environment, like using energy-efficient tech and recycling waste materials. Safety for their employees is a big deal too, and they have a thorough safety program.
MFSICO is also part of the Saudi Iron and Steel Association (SISA) and the Gulf Cooperation Council (GCC) Iron and Steel Producers Association (GISPA). It is also certified by the International Organization for Standardization (ISO).
7. Alssad Steel For Industry Co.
- Location: Riyadh, Saudi Arabia
- Website: alssadsteel.com
Alssad Steel For Industry Co. stands out as a notable steel manufacturing company in Saudi Arabia. It set up shop in Riyadh’s second industrial city. Alssad Steel has gained recognition and awards for its significant contributions to the Saudi iron industry. The company’s focus on innovation and commitment to excellence makes it a key player in the nation’s industrial scene.
The dedication to excellence is evident in Alssad Steel’s advanced manufacturing facility. It’s loaded with the latest technology and machinery. This setup allows Alssad Steel to churn out a wide range of top-notch steel products, such as iron blocks, reinforcing bars, and other construction materials.
Alssad Steel takes pride in its annual steel production capacity of 150,000 tonnes. This accomplishment showcases the company’s efficiency and its ability to meet the growing demand for steel products not only in Saudi Arabia but also in the broader region.
8. Abdulkarim Alrajhi Steel Company (AKASCO)
- Location: Riyadh, Saudi Arabia
- Website: akalrajhisteel.sa
Abdul Karim Alrajhi Steel Company (AKASCO) stands out as a leading steel producer in Saudi Arabia. It has played a vital role in advancing the construction sector of the kingdom, maintaining high-quality standards and earning approval from the Saudi quality certificate (SASO).
AKASCO produces 120,000 tons of steel per year, offering a diverse range of products such as reinforcing bars, wire rods, and steel billets. These products find applications in various construction projects, including infrastructure, commercial buildings, and residential developments.
Acknowledging its significant contributions to the steel industry, AKASCO has received several awards, notably the “Best Steel Producer in Saudi Arabia” from the Saudi Standards, Metrology, and Quality Organization (SASO). The company’s commitment to excellence has established it as a reliable supplier in the Saudi Arabian market and beyond.
9. Al Tilal Al Saudi Steel Industrial Factory
- Location: Dammam, Saudi Arabia
- Website: altilalfact.com
Al Tilal Al Saudi Steel Industrial Factory stands out as a top manufacturer in Saudi Arabia, specializing in creating soundproof canopies for industrial generators, diesel storage tanks, fuel transfer systems, precast molds, and various steel fabrications. Over the past decade, their skilled technical team has consistently introduced innovative ideas to enhance design, reduce costs, and improve quality in their well-equipped factory, where experienced workers craft top-notch products.
The factory has developed a strong network with leading industrial generator suppliers in Saudi Arabia, such as SAUDI DIESEL, GCC OLAYAN, ZAHID TRACTORS, TAMGO, SAWARY, SHAHIQ, and others. Throughout this successful period, they’ve produced numerous canopies and related tanks and systems for generators up to 2750KW, presenting a variety of designs. Their commitment is to deliver high-quality products at attractive prices within specified timeframes.
Al Tilal Al Saudi Steel Industrial Factory produces an impressive average of 10,000 tonnes of steel annually, which finds applications in construction, manufacturing, and infrastructure. The factory remains dedicated to delivering top-notch products and services to its customers.
10. Al Gaswa Steel Company Limited
- Location: Jubail, Saudi Arabia
- Website: algaswa.com
Al Gaswa Steel Industries Co. Ltd (AL-GASWA) is a well-known Saudi Arabian company that makes steel. It has grown steadily and is now a top provider of good-quality steel to different industries like chemicals, oil and gas, power, and water.
The company is really good at designing, making, and giving out lots of steel things, such as pressure vessels, heat exchangers, structures, pipelines, storage tanks, silos, ducts, and spare parts. AL-GASWA cares a lot about quality and follows international standards. It has earned many certifications, like ASME (U-Stamp), NBIC (R-Stamp), and ISO 9001:2015. These certifications show that the company can meet the strict needs of its customers, making sure its products are super safe and reliable.
AL-GASWA’s factory in Jubail is great. It has a modern production line with the newest technology and machines. The company has more than 300 skilled workers which include the engineers, technicians, and welders, making sure each project is done with care and expertise. AL-GASWA can make 10,000 tonnes of steel every year, making it a big player in the Saudi Arabian steel industry.
FAQs
The steel industry in Saudi Arabia is vital for the nation’s economic growth and industrial development. It plays a pivotal role in providing steel products for construction, infrastructure, manufacturing, and energy sectors.
In 2021, the steel industry accounted for approximately 4% of Saudi Arabia’s GDP, making it a substantial contributor to the country’s economy.
The steel industry in Saudi Arabia provides over 40,000 direct and indirect jobs, contributing significantly to employment in the country.
Vision 2030 is Saudi Arabia’s development plan that places a strong emphasis on infrastructure development. This has driven significant growth in the steel sector, as it supplies materials for key projects.
The NCSI was established to promote the development of the steel sector, enhance its competitiveness, and contribute to the realization of Saudi Arabia’s Vision 2030.
Saudi Arabia’s strategic location, access to raw materials, and advanced production capabilities position it as an ideal location for exporting steel products to neighbouring countries and international markets.
Conclusion
In conclusion, the vibrant steel industry in Saudi Arabia is home to numerous active steel manufacturers and companies, each playing a pivotal role in driving the nation’s economic growth and infrastructure development.
These industry leaders maintain a steadfast commitment to quality management and adhere rigorously to internationally recognized standards like ISO 9001. As a result, they consistently excel in the domain of steel manufacturing, meeting the diverse demands of both domestic and global markets.
Their unwavering dedication to innovation, cutting-edge technology, and sustainable practices positions them as influential entities within the Saudi Arabian steel industry. As Saudi Arabia continues to bolster its presence in the global steel market, these companies actively shape the trajectory of the industry, fostering growth, and setting high standards for excellence.
The steel industry in Saudi Arabia is expected to continue its growth trajectory, driven by the country’s ambitious infrastructure development plans and increasing demand for steel products in various sectors. These top steel companies are well-positioned to meet the growing demand and contribute to the nation’s economic prosperity.
Last Updated on November 25, 2023 by Safiya K
