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معلومات مباشر
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2026-11-02T08:12:29.359Z

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Taqat-Alfanar scrap deal

Taqat-Alfanar scrap deal

Metal Energies Trading Company stated that its contract with Alfanar, signed on October 22, 2026, covers the purchase of light and heavy scrap iron and empty metal drums at a fixed price of SAR 1,716 per ton. The contract does not specify a predetermined total value; this will be calculated upon completion of supply based on the actual quantities delivered. The company also confirmed that no related parties are involved. The contract is expected to have a positive financial impact in the fourth quarter of 2026, continuing into early first quarter of 2027.

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