09
May
14:20
Saudi Arabia announces steel, EV investments
Saudi Arabia’s Ministry of Industry and Mineral Resources has announced an investment plan for a steel plate mill at over $4 billion and an electric vehicle (EV) battery plant at $2 billion. The Ministry is planning to fund nine mining projects that will total $32 billion, according to a statement monitored by Kallanish.
The ministry is currently studying 145 applications for exploration licenses from foreign companies.
The steel plate mill compl…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous