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‘A steel factory is the backbone of an economy’

The employees of Saudi Steel Profile company in Jeddah. Having a steel factory in the country is not just beneficial for Saudi Arabia but also necessary for the economy’s welfare. Without steel you cannot build infrastructure or help in the development of a country. So important is this commodity, that most steel mills around the world were established by governments, said Mohammed H. Zakaria, the CEO and General Manager of the Saudi Steel Profil...

Zakaria: Projects boom fueling steel demand

KHALIL HANWARE | ARAB NEWS STAFF Monday 1 October 2012 Last Update 5 October 2012 9:39 pm Saudi Arabia is on the way to maintain its position as the leading projects market in the region, with more than $ 58 billion worth of contracts already awarded in 2011, according to Mohamed H. Zakaria, CEO and general manager of Saudi Steel Profile Company. “Obviously, the current boom for project development continues to be a combination of high oil...
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