HE. Minister of Industry and Mineral Resources, Eng. Bandar Al-Khorayef, opened the 3rd Saudi International Conference for Iron and Steel in Riyadh, attended by HE Deputy Prime Minister for Industrial Development and Minister of Transport and Industry of Egypt, Eng. Kamel Al-Wazir, and a group of decision-makers, experts, and investors.

Sekyin Industry Company participated in the conference, aiming to support and develop the Saudi mining sector with all facilities, business needs, and growth requests within Saudi Arabia, providing tools for the mining, construction, and water well industries.

Key highlights include:

– Independence of “Hadeed” to become a national entity specializing in high-quality iron products.
– Establishment of Bab Al-Khair Company in partnership with China, Aramco, and the Public Investment Fund to produce heavy iron plates.
– Revival of Steel Company and merger of seamless pipe companies into a single entity.
– Completion of a study on certified small factories producing reinforcing steel to enhance their efficiency.

Sekyin Industry Company is one of the investing companies of Rasi Investment, which focuses on the industry and mining sector.