SULB STEEL is a joint venture between Foulath and Japan-based Yamato Kogyo. SULB has two rolling mills, one in KSA (Kingdom of Saudi Arabia) and one in Bahrain's Al-Hidd Industrial area and is a fully integrated producer from DRI to finished steel products.

SULB boasts a global strategic location, and its positive forecasts are further reinforced with the latest cutting-edge technical knowledge gained from Yamato Kogyo (Japan) and also have shareholders who are among the region’s most reputable and committed investors.

Foulath represents a holding company and investment vehicle for metal industries across the Middle East region and is owned by a range of reputable partners in the GCC – who are Kuwait Foundry, Gulf Investment Corporation, Al-Kharafi Group and Qatar Steel. Foulath currently owns a 51 percent share of SULB.

Yamato Kogyo Company, SULB's second shareholder, owns the remaining 49 percent and has a reputable Steel Manufacturing history dating back to 1944. The company represents one of the world's leading section producers. Yamato Kogyo Co has customer focused manufacturing operations in Japan, Thailand, the USA and, more recently Bahrain.

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