Direct Reduction Iron Company - steel manuacturing industry

What Direct Reduction Iron Company - steel manuacturing industry does

Al Ittefaq Steel Products Co. (ISPC), founded in 1989, is a privately held Saudi Arabian steel manufacturer operating within a broader industrial group whose careers portal is hosted under the Al Tuwairqi domain. The company runs a vertically integrated production platform spanning scrap and metal recycling, iron pelletization, direct iron reduction, electric arc furnace melt shops (through subsidiaries Arab Steel Co. and National Steel Co.), continuous casting of billets, and rolling mill operations in Dammam and Makkah, supplemented by captive power generation. Finished product mix includes deformed reinforcement bars (12mm-40mm) produced via the Thermex Bar Quenching process, wire rods, cold drawn wire, fusion bonded epoxy coated bars, cut-and-bend reinforcement bars, welded wire mesh, low relaxation prestressed concrete strands, galvanized steel wire, and cold rolled coils. Combined nameplate capacity is reported at 2.6 million tons per annum, with downstream operations also conducted through subsidiary Al Faisal Steel Products Co. and international reach via Bishah Steel in Dubai.

ISPC serves three primary segments: construction (reinforcement steel for buildings, roads, bridges, and infrastructure), industrial and manufacturing (inputs for welding electrodes, mesh, wire, fasteners, fencing, and springs), and infrastructure development (prestressed strands for bridges, flyovers, silos, and commercial structures). Revenue is generated through direct sales of physical steel products to construction and industrial customers, with order management via a customer web portal and a just-in-time delivery model aligned to project schedules. The company is positioned as the first steel producer in Saudi Arabia to achieve Sustainability and Responsible Sourcing Certifications, and all group companies hold ISO certifications, with products compliant to SASO, ASTM, BS, and DIN standards. Customer concentration is not disclosed; marketing channels are limited to a direct website portal and downloadable product catalogues, with no evidence of distributor networks or third-party e-commerce channels.

Name

Direct Reduction Iron Company - steel manuacturing industry

Legal name

AL ITTEFAQ STEEL PRODUCTS CO.

Website

https://altuwairqi.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 vertically integrated Saudi Arabian steel manufacturer producing billets, reinforcement bars, wire rods, and downstream value-added steel products for construction, industrial, and infrastructure customers across Saudi Arabia and select GCC markets.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

NAICS

Other Fabricated Wire Product Manufacturing (332618)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Long Products Manufacturing (Rebar, Wire Rod, Merchant Bar, Sections/Beams) (IMAKABAH)

akta.pro secondary industry

Integrated Steelmaking (BF-BOF) (IMAKABAA)

Keywords

• Steel manufacturing
• Reinforcement bars
• Wire rod production
• Steel billet casting
• Prefabricated steel products

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

Revenue model

1. Steel Products Sales: Manufacturing and sale of steel products including billets, deformed reinforcement bars, wire rods, cold drawn wire, galvanized steel wire, cold rolled coils, and downstream products like cut & bend bars and welded wire mesh. Revenue generated through direct product sales to construction and industrial customers.

Distribution channels1 record

Marketing channels2 records

Core offering

ISPC is a vertically integrated steel manufacturer producing billets, deformed reinforcement bars, wire rods, cold drawn wire, galvanized steel wire, cold rolled coils, and downstream value-added products such as fusion bonded epoxy coated bars, cut & bend bars, welded wire mesh, and low relaxation prestressed concrete strands. Operations span scrap metal recycling, iron pelletization, direct iron reduction, steel furnace melt shops, rolling mills in Dammam and Makkah, and an in-house power generation plant. Products conform to SASO, ASTM, BS, and DIN international standards and are sold primarily to construction, infrastructure, and industrial customers in the Middle East.

Product overview

ISPC (Al Ittefaq Steel Products Co.) operates as an integrated steel manufacturing company producing a comprehensive portfolio of steel products. The company operates iron pelletization, direct iron reduction, and scrap metal recycling facilities to produce intermediate products (billets) that feed into rolling mills for finished goods. The product portfolio includes deformed reinforcement bars (12mm-40mm via Thermex Bar Quenching), wire rods, cold rolled products, and downstream value-added products such as fusion bonded epoxy coated bars, cut & bend reinforcement bars, welded wire mesh, low relaxation prestressed concrete strands, galvanized steel wires, and cold drawn wire. All products conform to SASO, ASTM, BS, and DIN international standards with ISO certifications across group companies.

Differentiator

Problem solved

Functional benefit

Brands

• ISPC: ISPC is the commercial brand name and acronym for AL ITTEFAQ STEEL PRODUCTS CO., used throughout the company's website and marketing materials.
• Al Faisal Steel

Products and services

• Billets Semi-finished steel product with round or square cross-section (150x150mm and 130x130mm) produced via continuous casting or extrusion and used as feedstock for bar stock and wire. Available grades include ASTM A 615, SASO SSA 2, BS 4449, SAE 1006-1012, and customer-specified grades.
• Deformed Reinforcement Bars Hot-rolled, high tensile, weld-able reinforcement steel bars in sizes 12mm to 40mm, manufactured via the Thermex Bar Quenching process and certified to national and international standards for industrial, commercial, residential, and infrastructure construction projects.
• Wire Rods Plain round coils and wire rods in diameters from 5.5mm to 14mm, plus 8mm and 10mm rebar coils weighing up to 1,700 kg, used in downstream industries for binding wires, barbed wires, wire nets, gabion, chain-link fencing, screws, hangers, nails, and welded wire mesh.
• Fusion Bonded Epoxy Coated Bars (FBEC) Anti-corrosion epoxy coating applied to concrete reinforcing bars meeting ASTM A775/A775M standards, providing long-term corrosion resistance, strong steel adhesion, high resistance to cathodic disbondment, and stability at high operating temperatures.
• Cut & Bend Reinforcement Bars Prefabricated reinforcement bars cut and bent to required lengths using ultra-modern automated equipment with CAD RC and ARMOUR software, conforming to ASTM, ACI-316, BS-4466, and BS-8666 standards, reducing steel wastage and delivery time for construction projects.
• Welded Wire Mesh Steel reinforcement mesh produced using automated welding techniques and meeting ASTM A 497, BS 4483, DIN 488, and SASO standards, with precise dimensional control and customizable size and properties for concrete reinforcement applications.
• Low Relaxation Prestressed Concrete Strands (LRPC) 7-wire low relaxation prestressed concrete strands meeting ASTM A 416 and BS 5896 standards, used in prestressed concrete girders for bridges, flyovers, domes, silos, and buildings, achieving up to 10% steel reduction in construction applications.
• Galvanized Steel Wires Carbon steel wire with zinc coating applied via hot-dip galvanizing (32-wire automated line) or electro-galvanizing, available in sizes from 0.8mm to 4.5mm for electrical cable, fencing, construction, barbed wires, and binding wire applications; meets BS EN 10244, ASTM A 392, ASTM F-668, and ASTM A 641 standards.
• Cold Rolled Coil and Deformed Bar High-speed cold rolling production using European rolling line technology with PLC-controlled cassette arrangement, providing improved tensile strength, dimensional accuracy, and standard rib formation for optimized bonding strength in construction reinforcement applications.
• Cold Drawn Wire Wire produced via drawing with in-line laser detection diameter measurements and pressure sensors with PLC mechanism, manufactured to ASTM and DIN standards from low and high carbon steel for spring wires used in general engineering and mattresses.

Quantifiable outcome

• Up to 10% steel reduction achievable in construction using low-relaxation prestressed concrete strands
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators2 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Conares: UAE-based steel manufacturer focused on rebar, wire rod, and pipes using EAF technology. Direct competitor in the GCC long products market with overlapping customer base in regional construction and infrastructure.
• Al Ittefaq Steel Products Co. Saudi-based steel manufacturer producing rebar and related long products. Directly competes with ISPC in the Saudi rebar and construction steel market.
• Saudi Iron and Steel Company (Hadeed): Saudi Arabia's largest integrated steel producer (SABIC subsidiary) operating DRI, EAF, and rolling mills producing rebar, wire rod, and heavy sections. Competes head-to-head in the Saudi domestic construction and industrial steel market.
• Emirates Steel Arkan: UAE-based integrated long-products steelmaker with similar rebar, wire rod, and downstream product offerings serving GCC construction markets. Closest direct competitor given overlapping product portfolio, standards, and regional customer base.
• SULB (Saudi United Steel): Saudi-based EAF steelmaker producing rebar, wire rod, and sections for domestic and regional construction markets. Direct domestic competitor with similar product portfolio and end-market exposure.

Regional players

• Ezz Steel: Egypt's largest steel producer with integrated DRI-EAF operations producing rebar and long products for MENA construction markets. Comparable product mix and standards compliance, though primarily serves a different national market with periodic export overlap into GCC.
• Qatar Steel: Qatar-based integrated steelmaker producing rebar, wire rod, and billets via DRI-EAF route. Comparable process technology and product mix serving a neighboring GCC market with similar construction-driven demand profile.

Broad incumbents

• ArcelorMittal: World's largest steelmaker with extensive long products (rebar, wire rod, sections) operations across multiple geographies including the Middle East. Sets the global benchmark for capacity, technology, and product standards in long products.
• Nucor: North America's largest steel producer and a leader in EAF-based long products (rebar, wire rod, structural). Comparable downstream product mix and operational model focused on EAF/scrap-based production.
• Tata Steel: Global integrated steel producer with significant long products exposure (rebar, wire rod, structurals) supplying construction and infrastructure. Relevant as a benchmark for vertically integrated operations, downstream value-added products, and sustainability positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dri-qaisar

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 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 Direct Reduction Iron Company - steel manuacturing industry