Saudi Iron and Steel Company (Hadeed) products, which are classified as long steel products and flat steel products, achieved a production milestone in 2005.

The company produced 3.08 million tonnes of steel billets. Crossing the three-million-tonne milestone was thought impossible when the plant started production more than 20 years ago with a designed capacity of 800,000 tonnes per year (tpy).
Additionally, the direct reduction plant, steel plant/flat products, rolling mills, (bar and rod mills and flat products facilities) exceeded the production figures of 2004.  In 2004, Hadeed produced 3.62 million tonnes of steel as against production of 3.76 million tonnes in 2005.
Saudi Arabian Standards Organisation (Saso) has adopted 43 ISO standards related to Hadeed’s products.
In 2005, the Vacuum Degasser (VD) project and the bar-rod mill project were completed. The project increased the capacity of Hadeed’s production of long products by 500,000 tonnes.
The construction of the other expansion projects, namely DR plant Module E, steel plant, hot mill enhancement project, hot skin pass mill and other projects designed to increase production of Hadeed’s finished products (long and flat) to 5.5 million tonnes in 2007 is ongoing.
In spite of strong market competition, dispatch of long products reached more than 2.65 million tonnes, which exceeded the 2004 figure, and dispatch of flat products again exceeded 1 million tonnes, as in the past two years. These figures represent supply of 60 per cent of Saudi Arabia’s requirements for long products and 59 per cent for flat products. Hadeed steel is also exported to GCC countries, the USA, EU, Korea and India. Hadeed maintains strong customer relations with its sustained marketing efforts. Despite the rise in production costs, Hadeed was still able to register a healthy financial return in 2005.
 Hadeed’s feedstocks include iron ore, scrap iron and steel.  The company is a wholly owned affiliate of Saudi Basic Industries Corporation (Sabic). Sabic’s Metals Group manages Sabic’s 20 per cent interest in Alba and 30 per cent interest in Garmco – aluminum producers that are both based in Bahrain. The Metals Group also manages Sabic’s stakes in the 80,000 tpy capacity Sabayek ferroalloy smelter in Jubail. Sabayek’s products consist of silicon manganese for the steel and foundry industries and silicon metal for the chemical and aluminum industries.