About Us
Saudi Iron and Steel Company (Hadeed) is the first fully-integrated iron and steel-making production plant in the Kingdom of Saudi Arabia.
Hadeed
Since its establishment in 1979, Hadeed’s products have been a critical input for the development of the Saudi construction and industrial sectors.
Saudi Iron and Steel Company (Hadeed) is the largest iron & steel producer in the Gulf Cooperation Council (GCC) offering a wide range of high-quality long and flat steel products. The company commenced production of long steel products in 1983 and flat steel products in 1998.
Hadeed is a strategic player in the Saudi industrial ecosystem, playing a pivotal role in enabling Saudi Vision 2030.
In May 2024, the Public Investment Fund acquired Hadeed, which subsequently acquired 100% of AlRajhi Steel Industries (AlRajhi Steel) with considerations of shares in Hadeed whereby AlRajhi Invest became a shareholder in Hadeed.
Vision
To be the preferred local and regional leader in the steel industry.
Mission
To offer our customers quality, innovative and diverse steel solutions while maintaining the best-in-class environment, health, safety, security, and reliability standards to maximize the value for our stakeholders and enable Saudi Vision 2030.
Our Story
1979 – Hadeed was established
Two direct reduction modules with a total annual production capacity of 0.8 million tons were commissioned. Over the next few years, their production capacity increased to the current annual capacity of 1.5 million tons.
Three electric arc furnaces and billet casters with a total capacity of 0.8 million tons were commissioned. Over the years their production capacity increased to the current annual capacity of 3 million tons.
Long-product rolling facilities were commissioned, including a reinforcement bar (rebar) rolling mill and a wire rod mill with a combined annual production capacity of 0.8 million tons.
The production capacity of the rebar rolling mill was increased to 1.2 million tons per year and for the wire rod mill was increased to 0.7 million tons per year.
An additional rebar mill with an annual production capacity of 0.8 million tons was commissioned.
A third direct reduction module with an annual production capacity of 1 million ton was commissioned.
A combined rebar and wire rod mill with an annual production capacity of 0.5 million tons was commissioned. The annual production capacity for the mill has been increased over the years to the present 0.7 million tons.
Flat-product steelmaking and casting facilities with an annual production capacity of 1 million tons were commissioned.
A fourth direct reduction module with an annual production capacity of 1.1 million tons was commissioned.
A flat product rolling facility with an annual capacity of 0.8 million tons was commissioned, which included a hot-strip mill (HSM), a cold-rolling mill (CRM) complex and a hot-dip galvanizing (HDG) line.
Another wire rod mill with an annual production capacity of 0.5 million tons was commissioned.
Flat product annual hot-strip rolling capacity was enhanced by 1.2 million tons to reach a total capacity of 2.0 million tons.
A fifth direct reduction module with an annual production capacity of 1.7 million tons was commissioned.
Flat product steelmaking and casting capacity was enhanced by 1.2 million tons with the addition of an electric arc furnace, slab caster, and vacuum de-gasser.
Continuous color-coating line with an annual capacity of 120,000 tons was commissioned.
Long product steelmaking and casting production capacity was enhanced by another 1 million tons with the addition of an electric arc furnace and a billet caster.
Another wire rod mill with an annual production capacity of 0.5 million tons was commissioned.
Straightening shop with an annual production capacity of 0.5 million ton was commissioned.
Cold reduction machines and straightening new lines with annual capacity of 180,000 tons and 240,000 tons, respectively, were commissioned.
The Public Investment Fund (PIF) acquired Hadeed, which subsequently acquired 100% of AlRajhi Steel Industries (AlRajhi Steel) with considerations of shares in Hadeed whereby AlRajhi Invest became a shareholder in Hadeed.
Our Plants
Hadeed produces a wide range of long and flat steel products utilizing high quality iron ore and scrap as its two main inputs. Following several enhancements and expansions, the current annual production capacity of the company is 3.8 million metric tons of long products and 2.2 million metric tons of flat products. Hadeed commenced production of rebar and wire rods in 1983 and of flat steel products in 1998.
Hadeed continuously focuses on improving its standards of safety, innovation, quality enhancement, and customer excellence.