Optimizing Structural Steel Procurement for the NEOM Giga Project

Client Background 

The client is a leading Middle Eastern construction company engaged in one of the most ambitious infrastructure projects in the region. Known for delivering high-value, complex developments, the company was tasked with ensuring a cost-efficient and reliable procurement strategy for fabricated structural steel for the NEOM Giga Project in Saudi Arabia. Given the project’s scale and visibility, procurement excellence was critical to meeting performance, budget, and delivery milestones. 

Client's Challenge 

The client required a comprehensive procurement strategy for fabricated structural steel that balanced cost, quality, and timeline considerations. Their primary challenge was determining the most efficient sourcing model amid fluctuating global steel prices and varying regional fabrication capabilities. They needed clarity on whether to: 

• Source raw steel from international markets and fabricate locally in Saudi Arabia, or 
• Procure fabricated steel from established hubs such as India, China, or the UAE. 

In addition, the client sought to evaluate supplier reliability, regulatory and import requirements, and end-to-end logistics costs to ensure an uninterrupted supply chain. The absence of consolidated market data and comparative feasibility insights risked project delays, inflated costs, and inefficiencies in material flow. Mordor Intelligence was commissioned to develop a data-backed framework that would inform the client’s procurement decisions and support the project’s long-term success. 

How Mordor Intelligence Helped 

Mordor Intelligence conducted a comprehensive research study using a blend of market analysis, expert consultations, and technical assessments to deliver actionable procurement strategies. 

Key Findings 

Our Industry Coverage 

Mordor Intelligence has conducted extensive research in the construction and infrastructure sector, assisting global and regional firms in optimizing supply chains and procurement strategies. Our customized research services in this industry include: 

• Procurement Intelligence: Assessing sourcing strategies, supplier capabilities, and cost optimization for large-scale projects. 
• Supply Chain Analysis: Evaluating logistics, transportation, and material flow to enhance efficiency. 
• Market Entry & Expansion Strategy: Identifying new sourcing opportunities and expanding supplier networks. 
• Competitor Assessment: Benchmarking procurement strategies of key industry players for informed decision-making.  
• Regulatory & Compliance Analysis: Ensuring alignment with trade regulations and import policies for smooth procurement processes.  

With proven expertise in manufacturing supply chains and procurement intelligence, Mordor Intelligence empowers industrial leaders to optimize sourcing strategies, strengthen supplier partnerships, and drive operational efficiency across global production networks.