Meanwhile, SABIC has announced expansion of the hot-rolling steel mill of its Saudi Iron and Steel Company ‘Hadeed’, which will double its flat steel production capacity to two million metric tons a year. Completion of the steel mill is scheduled for early in 2006, and will cement SABIC's position as the leading metals producer in the Middle East. Hadeed began production in 1983 with an initial annual production capacity of 800,000 metric tons.