The number of factories in the category of “Basic Metal Industries” in Saudi
Arabia by the Hijri year 1427 amounted to 618 with a total finance of SR 23.5
billion. The largest steel company is the Saudi Iron and Steel Company (Hadeed,
SABIC) and it is the largest in the middle east and its production was 4 million
tons in 2007. during the first quarter of 2008, its production rose up to 1.342
million tons of long and flat products against 0.971 million tons during the
first quarter of 2007, that is, up by 38.23%.
The Cement industry is also growing at a high speed due to the prosperous Saudi
economy and the implementation of new strategic development plans. This and
together with the fast growing population have increased the demand on housing
and infrastructure of new industrial and economical cities. More cement plants
have been put into operation to meet the increasing demand.
Addar Group took necessary measures to meet the required support and services to
the steel and cement sectors and got into partnerships and joint ventures with
international companies which have the needed expertise and facilities to
support these sectors in a professional and timely basis.