Riyadh – Mubasher: Bena Steel Industries Company has established a steel Industries factory in Riyadh at a total value of SAR 25 million, according to a bourse disclosure.

The company will finance the project self-financing in addition to financing from commercial banks.

Meanwhile, a positive impact is expected which will be announced later.

The expected date for the pilot production of the project is to commence in October 2025, while the start of the project will be in January 2026.