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Saudi Aramco has recently signed a memorandum of understanding (MoU) with Nippon Steel and Sumitomo Metal Corporation (NSSMC), Sumitomo Corporation, and Sumitomo Corporation Saudi Arabia to conduct a feasibility study for an integrated steel mill to produce steel plates in the Ras al-Khair area
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Steel mill construction hinges on feasibility study, says Patel A final investment decision to establish a new steel mill will depend on the outcome of a prefeasibility study under way and a later feasibility study, Economic Development Minister Ebrahim Patel insists, according to a report in Business Day
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