Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Baosteel and Global Largest Oil Producer Saudi Aramco to Build High-End Heavy Plate Factory

Baosteel and Global Largest Oil Producer Saudi Aramco to Build High-End Heavy Plate Factory

Sep 8, 2021 15:44

Source:SMM

Baosteel and Saudi Aramco, the world’s largest oil producer, have signed a memorandum of understanding on September 7 to build a world-class company in Saudi Arabia which will produce heavy plate.

SHANGHAI, Sep 8 (SMM) - Baosteel and Saudi Aramco, the world’s largest oil producer, have signed a memorandum of understanding on September 7 to build a world-class company in Saudi Arabia which will produce heavy plate.

Baosteel stated that this project is an important measure for the company to participate in the Belt and Road initiative and continuously deepen exchanges and cooperation with the countries alongside in equipment, technology and management.

The project mainly includes the construction of a full-process heavy plate plant and related supporting facilities, targeting at high-end products.

Baosteel

Saudi Aramco

heavy plate

steel

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Off-peak Production Scheme in the Steel Industry During the Heating Season in 2021-2022

Recently, Tangshan City has initially formulated a plan for off-peak production in the steel industry during the heating season in 2021-2022.

time

Jan 24, 2022 10:55

Off-peak Production Scheme in the Steel Industry During the Heating Season in 2021-2022

China Successfully Produced World’s Thinnest Hot-Rolled Steel Strip

The hot rolling plant of Guangxi Iron and Steel successfully produced 0.85mm×1280mm steel strip, breaking the world record for the thinnest hot strip rolled conventional wide-band steel products in the industry.

time

Nov 25, 2021 13:59

China Successfully Produced World’s Thinnest Hot-Rolled Steel Strip

Tsingshan to Be the Largest Steel Manufacturer in SADC with Its 1.2 Million mt/year Steel Project

After the Zimbabwe Environmental Administration (EMA) approved Dingsen Steel to start operations, Mvuma, the largest steel company in the region, is ready for the trial operation.

time

Nov 25, 2021 13:22

Tsingshan to Be the Largest Steel Manufacturer in SADC with Its 1.2 Million mt/year Steel Project

China Crude Steel Output Down 23.3% YoY in October

China produced 101.74 million mt of steel semi and finished products in October, down 14.9% on the year. The output totalled 1.22 billion mt from January to February, up 2.8% on the year.

time

Nov 15, 2021 13:27

China Crude Steel Output Down 23.3% YoY in October

Steel News Roundup (Nov 1)

This is a roundup of news in the steel industry for last week.

time

Nov 1, 2021 13:30

Steel News Roundup (Nov 1)

US and EU Reached Agreement on Steel and Aluminium Tariffs, China’s Steel Prices Will be Little Affected

On Saturday (30 October) local time, the United States and the European Union reached an agreement to ease a trade dispute that began under the Trump administration. US Commerce Secretary Raimondo, US Trade Representative Dyche and US National Security Advisor Sullivan announced that the US and the EU have reached an agreement on steel and aluminium tariffs to resolve diplomatic differences that arose during the Trump administration.

time

Nov 1, 2021 11:12

US and EU Reached Agreement on Steel and Aluminium Tariffs, China’s Steel Prices Will be Little Affected

Flash: Accident at Shaoguan Steel affects 5,000 mt daily rebar output

A gas leak at Baosteel Group’s Shaoguan Iron and Steel in Guangdong province in the early morning of Monday February 5 killed eight people, and investigations of the incident are underway.

time

Feb 5, 2018 14:14

Flash: Accident at Shaoguan Steel affects 5,000 mt daily rebar output

Report: Baosteel's profit up 113-121% for 2017

Baosteel expects net profits of 19.1-19.8 billion yuan in 2017, up 113-121% from 8.97 billion yuan in 2016, according to its annual performance forecast.

time

Jan 26, 2018 17:31

Report: Baosteel's profit up 113-121% for 2017

Rio Tinto: Estimated New High for Iron Ore Shipment

During the third quarter of this year, estimated iron ore shipment of Rio Tinto is expected to be higher than anticipation.

time

Oct 18, 2017 13:49

Rio Tinto: Estimated New High for Iron Ore Shipment

Baosteel Adjusts Facility Maintenance Plans

Baosteel has made adjustment to its maintenance plans.

time

Sep 18, 2017 13:36

Baosteel Adjusts Facility Maintenance Plans

SMM Events & Webinars

Apr
23
- 2025 (20th) SMM Copper Industry Conference and Expo
  Apr 23 - 25,2025
  Nanchang，Jiangxi，China
May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.