AL ITTEFAQ STEEL PRODUCTS

What AL ITTEFAQ STEEL PRODUCTS does

AL ITTEFAQ STEEL PRODUCTS CO. (ISPC) is an integrated private steel manufacturer headquartered in Dammam, Saudi Arabia, operating rolling mills in Dammam and Makkah and international distribution through Bishah Steel in Dubai. Founded via SIDF-assisted acquisition in 1989 with 12,000 tons of annual capacity, the company has scaled to 2.6 million tons per annum across a vertically integrated value chain spanning scrap metal recycling, iron pelletization, direct iron reduction, steel melt shops (Arab Steel Co. and National Steel Co.), rolling mills, downstream processing, and in-house power generation.

The product portfolio covers semi-finished and finished steel: billets (130–150mm), hot-rolled deformed reinforcement bars (12–40mm) produced via Thermex Bar Quenching, wire rods (5.5–14mm), Fusion Bonded Epoxy Coated bars, Cut & Bend prefabricated reinforcement, welded wire mesh, low-relaxation prestressed concrete strands (LRPC), galvanized steel wire (0.8–4.5mm), and cold-rolled coil. The company serves primarily the Saudi construction industry — industrial, commercial, residential, and infrastructure — alongside downstream steel processors that convert wire rod into fencing, nails, cable, and mesh products. All products are certified to SASO and major international standards (ASTM, BS, DIN).

ISPC generates revenue through one-time hardware sales on a quote-based, direct-to-customer model. The customer and vendor portals on the corporate website facilitate registration and engagement, while the company also participates in regional industry events (MEIS 2025). The company was the first Saudi steel producer to achieve Sustainability and Responsible Sourcing Certifications, a positioning move aimed at enabling EU CBAM-compliant exports and ESG-mandated market access. The leadership team comprises CEO Sharjeel Azhar, Chairman Hilal Hussain Al Tuwairqi, CFO Shabir Hussain Rafiqi, and COO Mohammad Ashraf, with a headcount of 101–250.

Name

AL ITTEFAQ STEEL PRODUCTS

Legal name

AL ITTEFAQ STEEL PRODUCTS CO.

Website

https://ispc.com.sa

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

AL ITTEFAQ STEEL PRODUCTS CO. (ISPC) is a privately held Saudi integrated steel manufacturer producing 2.6 million tons annually of rebar, wire rod, galvanized wire, prestressed strands, and downstream reinforcement products for construction and industrial customers in Saudi Arabia and the MENA region.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (33111), Rolling and Drawing of Purchased Steel (33122)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

Electric Arc Furnace (EAF) Steelmaking (Incl. DRI/HBI-Based) (IMAKABAB)

akta.pro secondary industry

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG)

Keywords

• Steel manufacturing
• Reinforcement bars
• Construction materials
• Steel wire products
• Rebar production

Headquarters

HQ city

Dammam

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Steel Products Sales: One-time transaction-based revenue from selling finished steel products including billets, deformed reinforcement bars, wire rods, cut & bend rebar, welded wire mesh, galvanized steel wire, cold rolled products, and prestressed concrete strands to construction and industrial customers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

AL ITTEFAQ STEEL PRODUCTS CO. (ISPC) manufactures and sells integrated steel products for construction and industrial buyers, including billets, hot-rolled deformed reinforcement bars (12–40mm), wire rods, fusion bonded epoxy coated (FBEC) bars, cut & bend rebar, welded wire mesh, low relaxation prestressed concrete strands (LRPC), galvanized steel wire, and cold rolled coil/deformed bar. Production is carried out through Electric Arc Furnace steelmaking, Direct Iron Reduction, Thermex Bar Quenching rolling, and downstream processing at Dammam and Makkah facilities with combined capacity of approximately 2.6 million tons per annum.

Product overview

AL ITTEFAQ STEEL PRODUCTS CO. (ISPC) operates as an integrated steel manufacturing company producing a diversified portfolio of steel products through its manufacturing facilities. The product portfolio centers on semi-finished and finished steel products including Billets, Deformed Reinforcement Bars (Rebar) in sizes 12-40mm, Wire Rods, Fusion Bonded Epoxy Coated Bars (FBEC), Cut & Bend Reinforcement Bars, Welded Wire Mesh, Low Relaxation Prestressed Concrete Strands (LRPC), Galvanized Steel Wires, and Cold Rolled Coil/Deformed Bar. Products are manufactured using advanced processes including Thermex Bar Quenching technology, with facilities spanning scrap metal recycling, iron pelletization, direct iron reduction, steel melt shops, rolling mills (Dammam and Makkah), downstream processing, and power generation. All products comply with Saudi Arabia Standards Organization (SASO) and international standards including British, American, and German specifications.

Differentiator

Problem solved

Functional benefit

Brands

• Al Faisal Steel Products Co. Wire drawing division producing cold drawn wire products according to ASTM and DIN standards.
• Al-Faisal Steel
• FAISAL STEEL

Products and services

• Billets

Quantifiable outcome

• 10% reduction in steel usage achievable in construction with LRPC strands
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hadeed (Saudi Iron & Steel Company): Hadeed is SABIC's integrated steel subsidiary and ISPC's closest direct competitor in Saudi Arabia, producing rebar, wire rod, and downstream products using EAF and DRI routes at similar scale. Both serve the same Saudi construction and infrastructure end-market under local-content mandates.
• Emirates Steel Arkan: Emirates Steel Arkan is the UAE's largest integrated steel producer and a direct regional peer to ISPC, operating EAF/DRI-based heavy-section and rebar production. It competes with ISPC in GCC construction markets and on cross-border MENA supply contracts.
• Qatar Steel: Qatar Steel is a regional MENA EAF-based steelmaker producing rebar, wire rod, and billets, competing with ISPC for GCC construction and infrastructure projects. Similar feedstock flexibility (DRI/scrap-based) makes it a directly comparable regional benchmark.
• Commercial Metals Company (CMC): CMC is a U.S.-based EAF steelmaker with a strong focus on rebar, wire rod, fabricated rebar, and welded wire mesh products — closely mirroring ISPC's downstream product mix. Both companies serve construction end-markets with vertically integrated scrap-to-finished-product operations.

Regional players

• Ezz Steel: Ezz Steel is the largest steel producer in Egypt and the MENA region, using EAF and integrated routes to produce rebar, wire rod, and flat steel. It is a regionally comparable peer in MENA steel markets though it primarily serves Egypt and export markets.

Broad incumbents

• Nucor Corporation: Nucor is the largest EAF-based steel producer in North America and a global benchmark for EAF mini-mill economics, recycled-scrap feedstock, and value-added downstream products. Its technology and capital allocation approach to EAF/DRI make it a relevant broad incumbent comparable to ISPC's process route.
• Steel Dynamics, Inc. Steel Dynamics is a major U.S. EAF-based flat-rolled and structural steel producer using scrap-based feedstock and modern automated mills, comparable to ISPC in process technology and capital intensity. It is a relevant broad incumbent benchmark for EAF economics and downstream integration.
• Gerdau S.A. Gerdau is a global EAF mini-mill producer with a strong presence in long products including rebar and wire rod across the Americas, closely comparable to ISPC's EAF long-product focus. It is a relevant broad incumbent benchmark for scrap-based steel manufacturing economics.
• ArcelorMittal: ArcelorMittal is the world's largest steel producer with operations across integrated and EAF routes globally, including in MENA. It is a broad incumbent peer that competes with ISPC on regional supply, sustainability positioning, and access to large infrastructure contracts.
• Tata Steel: Tata Steel is a major global steel producer with integrated and EAF operations and significant presence in construction-grade long products, comparable to ISPC's downstream and rebar focus. It is a broad incumbent peer relevant for benchmarking scale, sustainability investments, and emerging-market positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ispc_com_sa
• LinkedInlinkedin.com/company/al-ittefaq-steel-products-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AL ITTEFAQ STEEL PRODUCTS