Tabuk Cement Co. said it has received a one-year export license from Saudi Arabia’s ministry of commerce and investment, the company said in a statement.
The company added that relevant financial impact cannot be estimated at the current time, and will be revealed in due course.
Cement export fees in the kingdom are estimated between SAR 85 and SAR 133 per ton, while steel export charges are estimated between SAR 58 and SAR 390 per ton.
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