NEOM Trojena steel termination reopens Saudi fabrication sourcing
NEOM’s 26 March 2026 termination of the Trojena Ski Village structural-steel package with Eversendai/Al Bawani resets mill and fabrication RFQs for any restarted Tabuk scope.
What changed
NEOM terminated the Trojena Ski Village structural-steel contract awarded in March 2024 to Malaysia’s Eversendai Corporation Berhad with Saudi partner Al Bawani, with termination taking effect on 26 March 2026 amid the broader Trojena reset after Saudi Arabia withdrew as 2029 Asian Winter Games host.
Any restarted steel package will re-open mill booking, connection design, and fabrication slots under SASO and project welding procedure qualifications. Industry estimate: plate and section lead times of 12–20 weeks mean fabricators without reserved rolling capacity cannot meet compressed remobilisation calendars in Tabuk Province.
Products affected
Structural steel sections, plate and rebar packages, and fabricated metal assemblies destined for restarted Trojena or adjacent NEOM steel scopes.
Buyer segments to prioritize
NEOM structural package managers and Saudi fabrication EPCs in Tabuk Province, plus mill traders pre-qualifying EN/ASTM certificates for remobilised mountain-resort tonnage.
Exporter action
Lead with mill test certificates, WPQ/WPS packs, and reserved rolling slots sized to a restarted Trojena BOM—missed SASO/WPQ packs risk package disqualification, not generic Gulf construction pricing.
Source context
Source: Middle East Construction News, reporting Eversendai’s regulatory notice that NEOM termination took effect 26 March 2026. https://meconstructionnews.com/66716/neom-terminates-eversendais-steel-contract-at-trojena-ski-village-project This article is original TradeSignal analysis, not a republication of third-party news copy.
Key takeaways
- Termination effective 26 March 2026 ends the March 2024 Trojena structural-steel package and opens a re-bid / re-scope window for mills and fabricators.
- Priority outreach: NEOM package managers and Saudi structural-steel EPCs in Tabuk Province holding mill certificates for restarted mountain-resort tonnage.
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