🇸🇦 Saudi Arabia — Melting Scrap Directory
The largest steel market in the Gulf. The list below contains 15 companies in Saudi Arabia active in melting scrap, grouped by metal speciality.
Major hubs: Jubail, Dammam, Jeddah, Riyadh, Ras Al Khair
Saudi Arabia in the Global Melting Scrap Trade
Saudi Arabia is the Gulf's biggest steel producer and consumer. Hadeed, the SABIC steel arm at Jubail, anchors the industry alongside private electric-furnace producers such as Al Ittefaq Steel in Dammam and Al Rajhi Steel in Jeddah, feeding the Kingdom's giga-project construction demand.
The country restricts the export of ferrous scrap to keep material available for domestic melting, which shapes regional scrap flows across the GCC. Ma'aden's smelter complex at Ras Al Khair is one of the world's largest aluminium sites. Several producers are listed on the Tadawul exchange.
Companies by Metal
The same company may appear under multiple metals where it handles more than one category.
⚙️ Steel (11)
→ View Steel companies across all countries
⚪ Aluminium (2)
→ View Aluminium companies across all countries
🟠 Copper (2)
→ View Copper companies across all countries
📈 Metal Prices & Exchanges
Melting scrap itself does not trade on any exchange. Its price is calculated by traders against the underlying metal prices on the major exchanges, with adjustments for grade and condition. The links below lead to the official pages of the exchanges and price-reporting services most often referenced by the trade.
Saudi mills buy scrap domestically under export-restriction rules, with pricing referenced to regional and Turkish import benchmarks. Aluminium follows the LME.
⚠️ Disclaimer
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