Zamil Steel Embarks on 5-Year Plan

DAMMAM, 8 March 2004 — Zamil Steel will be bigger, stronger and more profitable over the next five years as part of a five-year strategic plan, said Khalid Al-Zamil, president of Zamil Steel at the company’s sales conference in Cairo recently. Al-Zamil said Zamil Steel will grow more than 50 percent over the period through investing into new production facilities, acquiring new companies, complementing product technologies and diversifying into new fields relevant to the industry.