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BAP Al-Khair

announced

Public Investment Fund (Saudi Arabia); Baoshan Iron & Steel Co Ltd; Saudi Arabian Oil Co · DRI–EAF route · Ras Al-Khair, Middle East, Saudi Arabia

GEM wiki

BAP Al-Khair follows the DRI–EAF route: iron ore is reduced in the solid state to direct reduced iron by direct reduction, then melted into steel in an electric arc furnace. The liquid steel is solidified into semi-finished shapes by continuous casting. The plant has a crude steel capacity of about 1.5 million tonnes per year. Its main products are plate.

Process Route

DRIEAF

Timeline

Announced2023
Operating2026

Capacity (ttpa)

Crude Steel

1,500

EAF

1,500

DRI

2,500

Iron Units

DRI
unknown DRI (1)announced
2,500 ttpasyngas (reformed methane)wiki

Steel Units

EAF
unknown EAF (1)announced
1,500 ttpawiki

Steel Products

plate

Ownership

Owner Public Investment Fund (Saudi Arabia); Baoshan Iron & Steel Co Ltd; Saudi Arabian Oil Co

Parent Baoshan Iron & Steel Co Ltd [100.0%]; Public Investment Fund (Saudi Arabia) [100.0%]; Saudi Arabian Oil Co [100.0%]

State ownership Partial

Country Context

Saudi Arabia crude steel production (USGS). Plant line shows nominal capacity, not output.

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Plant data sourced from the Global Iron & Steel Tracker (March 2026), Global Energy Monitor. Licensed under CC BY 4.0.

Production data: USGS Minerals Yearbook — Raw Steel: World Production by Country or Locality (2019 edition; 2022 and 2023 early release tables). U.S. Geological Survey, public domain. EAF/BOF splits: USGS Minerals Yearbook (2023 estimates).