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Casting|Energy|Gas|Industrial|PROJECT|Steel|Technology|Products
Casting|Energy|Gas|Industrial|PROJECT|Steel|Technology|Products
casting|energy|gas|industrial|project|steel|technology|products

Steel production facility, Saudi Arabia

Image of liquid steel furnace

4th October 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Steel production facility.

Location
Saudi Arabia.

Project Owner/s
Tosyalı Holding and Saudi Arabia's National Industrial Development Center.

Project Description
The project includes an integrated steel production facility with a total capacity of four-million tons a year of high-value flat steel products comprising direct reduced iron (DRI) production compatible with hydrogen use, steelmaking and casting. Within the scope of this investment, Tosyalı aims to fulfill two Flexi DRI investments with a capacity of 2.7-million tons.

Flexi DRI (Midrex) technology provides low carbon emissions and energy savings. It will start with the use of natural gas and then switch to 100% hydrogen use.

The company also plans to establish hot-rolled coil production facilities with a capacity of four- million tons a year and cold-rolled coil production facilities with a capacity of 1.6-million tons a year.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
Not stated.

Contact Details for Project Information
Tosyalı, tel +90 216 544 36 00.
National Industrial Development Center, tel +966 1 1218 8999 or email info@ic.gov.sa.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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