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9513 – Watani Iron Steel Co

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Watani Iron Steel Co.is a Saudi closed joint stock company based in the Kingdom of Saudi Arabia and engaged in the production of iron rebars. The Company’s main activity is to manufacture of steel reinforcement and primary products of iron in the form of blocks of substrates and waste after re-melting them. The Company’s plant facilities include electrical induction furnaces, a continuous casting machine and a rolling mill equipped with the automation features. Other facilities also include a laboratory and a complete workshop.

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