July 26, 2017 8:55 AM ET

Metals and Mining

Company Overview of Saudi Iron & Steel Company (Hadeed)

Company Overview

Saudi Iron & Steel Company (Hadeed) manufactures steel and steel products in the Middle East. The company provides long products, including rebar, wire rod, light sections, and flat products; and flat steel products, such as hot rolled, cold rolled, and galvanized products, including coils, plates, and slit rings. Its products are used in air-conditioning, refrigeration, pre-painted coating, panels, appliance, furniture, pipes, car and ship, and construction industries. The company was founded in 1979 and is based in Al-Jubail, Saudi Arabia. Saudi Iron & Steel Company (Hadeed) operates as a subsidiary of Saudi Basic Industries Corporation.

Al Sinaiyah Street

Madinat Al-Jubail Al-Sinaiyah

Al-Jubail,  31961

Saudi Arabia

Founded in 1979


966 13 357 6000


966 13 358 7858

Key Executives for Saudi Iron & Steel Company (Hadeed)

President, Vice President of SABIC Metals Group, and Director
General Manager of Finance and Administration
General Manager of Technical Support
General Manager of Steel Plant & DR
General Manager of Commercial
Compensation as of Fiscal Year 2017.

Saudi Iron & Steel Company (Hadeed) Key Developments

Hadeed Saudi Iron & Steel Company Announces Earnings Results for the Fourth Quarter Ended December 2015

HADEED Saudi Iron & Steel Company announced earnings results for the fourth quarter ended December 2015. For the quarter, the company reported net loss of SAR 1.1 billion compared with the same quarter of 2014 despite cost cuts.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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