02
May
06:52
Parties ink Saudi plate mill shareholders' agreement
The integrated plate mill joint venture to be built in the Ras al-Khair Industrial City special economic zone on Saudi Arabia’s east coast has advanced.
Subject to customary regulatory approvals and closing conditions, Chinese steel conglomerate Baoshan Iron & Steel Co. (Baosteel), Saudi petrochemical giant Aramco and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), have signed a shareholders’ agreement,&…
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