Saudi Arabia SSIC Group 241: Manufacture of base iron and steel

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Group | Official Code: 241

Executive Summary & Classification Scope

SSIC code 241 designates Manufacture of base iron and steel (صنع الحديد القاعدي والصلب) under the official Saudi Standard Industrial Classification (January 2025 / 2026 Edition, based on UN ISIC Rev. 4) administered by the General Authority for Statistics (GASTAT).

It serves as the mandatory regulatory benchmark for Commercial Registration (CR) with the Ministry of Commerce, MISA foreign investment licensing (allowing up to 100% foreign equity ownership), municipal permits on the Balady portal, and Nitaqat Saudization quota determinations by MHRSD.

Key Classification Facts

Parameter	Official Value
Saudi SSIC Code	`241`
Official Title (EN)	Manufacture of base iron and steel
Official Title (AR)	صنع الحديد القاعدي والصلب
Classification Level	Group
Section Category	Section C — Manufacturing
Parent Entity Code	`24` — Manufacture of basic metals
Supervisory Authority	Ministry of Commerce / Standard Sectoral Regulator
Licensing Entity	Balady / Sector Ministry
Standard Custodian	General Authority for Statistics (GASTAT)
Edition / Version	SSIC 2025 / 2026 Edition

Sub-Classes in Group 241 (1)

Code	Title (EN)	Title (AR)	Details
`2410`	Manufacture of base iron and steel	صنع الحديد القاعدي والصلب	View Code 2410 →

Official 6-Digit Activity Codes in Group 241 (11 Codes)

Below are official economic activity codes registered under Group 241 for Commercial Registration (CR) and municipal licensing in Saudi Arabia:

6-Digit SSIC Code	Official Activity Title (EN)	Official Activity Title (AR)	Details
`241011`	Manufacture of primary iron products in form of granules and powders	صناعة منتجات أولية من الحديد على شكل حبيبات ومساحيق	View Activity 241011 →
`241012`	Manufacture of primary iron products in form of blocks of pillars and residues after re-smelting	صناعة منتجات أولية من الحديد على شكل كتل من الركائز والمخلفات بعد إعادة صهرها	View Activity 241012 →
`241021`	Manufacture of pure iron by electrolysis	صناعة الحديد النقي بواسطة التحليل الكهربائي	View Activity 241021 →
`241022`	Manufacture of pure iron by chemical processes	صناعة الحديد النقي بواسطة العمليات الكيميائية	View Activity 241022 →
`241023`	Manufacture of non-polished iron	صناعة الحديد غير المصقول	View Activity 241023 →
`241024`	Manufacture of sponge iron	صناعة الحديد الإسفنجي	View Activity 241024 →
`241025`	Manufacture of cast iron including steel and cast iron castings	صناعة حديد الزهر ما في ذلك مسبوكات حديد الصلب والزهر	View Activity 241025 →
`241030`	Manufacture of products from iron, steel…etc., by pulling, extrusion or metal-rolling	صناعة منتجات من الحديد أو من الصلب …الخ ، بواسطة السحب أو البثق أو الدرفلة	View Activity 241030 →
`241040`	Manufacture of lacy sheets, rolls and coils and all types of rods, feathers, wires and angles	صناعة صفائح وألواح ولفائف شريطية وقضبان وأسـياخ وزوايا وأسلاك ومقاطع بكافة أشكالها	View Activity 241040 →
`241050`	Manufacture of pipes, tubes and hollow shapes from iron and steel	صناعة الأنابيب والمواسير والأشكال المجوفة من الحديد والصلب	View Activity 241050 →
`241060`	Manufacture of railway supplies, includes (rolled rails… etc.)	صناعة لوازم خطوط السكك الحديدية ، يشمل ( القضبان المجمعة… الخ )	View Activity 241060 →

Regulatory & Business Setup Use Cases in Saudi Arabia

Ministry of Commerce (MC): Required on your Saudi Commercial Registration (CR) to legally define the company’s business activities.
Ministry of Investment (MISA): Determines eligibility for 100% foreign-owned investment licenses and capital requirements. See our MISA Licensing Guide.
ZATCA Taxation & Zakat: Activity categorization for Corporate Income Tax (20%), Zakat (2.5%), and 15% VAT filing rules. See our ZATCA Tax Guide.
MHRSD / Qiwa (Nitaqat Quotas): Determines the required percentage of Saudi national employees. Check our Nitaqat Saudization Guide.
Balady Municipal Licensing: Establishes commercial shop, office, and warehouse zoning compliance.

Compliance & Regulatory Risk Assessment

Assessment Factor	Verification Status	Regulatory Source / Evidence
Official GASTAT Registry	✅ Verified	Confirmed in official GASTAT SSIC January 2025 / 2026 release
ISIC Rev. 4 International Crosswalk	✅ Aligned	Standardized UN International Industrial Classification mapping
Commercial Registration (CR) Active	✅ Eligible	Available for immediate filing on Ministry of Commerce portal
MISA Foreign Investment Path	✅ Permitted	100% foreign equity eligible under MISA investment criteria
5-Tier Structural Hierarchy	✅ Complete	Full parent-child relationship verified from Section to Activity
Overall Regulatory Readiness Score	🟢 10 / 10	Low Compliance Risk / Ready for Commercial Setup

Frequently Asked Questions (FAQ)

1. What does Saudi SSIC code 241 cover?

SSIC 241 covers Manufacture of base iron and steel (صنع الحديد القاعدي والصلب) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 241?

Activities under this code fall under the supervision of the Ministry of Commerce and respective sectoral regulators.

3. Can international investors establish a business with code 241?

Yes. In most sectors, the Ministry of Investment (MISA) permits 100% foreign equity ownership. Refer to our MISA Guide for full requirements.

4. How does SSIC 241 affect my company’s Nitaqat rating?

MHRSD calculates your Saudization tier based on your primary SSIC activity registered on your Commercial Registration.

Official Source Attribution & Disclaimer

Primary Data Source: General Authority for Statistics (GASTAT) — National Classification for Economic Activities.

Commercial Portal: Ministry of Commerce (MC)

This page is an independent reference resource. Cross-verify critical licensing details on official government portals before filing commercial applications.