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Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.

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914 news items in Steel Fabricators & Users. Show all

ICON's net profit surges in H1 2024

Egypt Egypt

Egypt's Industrial Engineering Company for Construction and Development (ICON) reported a 140pct YoY increase in consolidated net profits for H1 2024, reaching EGP 519.59 mln (USD 10.6 mln), up from EGP 216.32 mln. The…

Al Yamamah Steel swings to profit in 9M FY24

Saudi Arabia Saudi Arabia

Saudi Arabia's Al Yamamah Steel Industries Co. has reported a significant turnaround in its financial performance, moving from a SAR 107.16 mln loss in the first nine months of FY24, which ended June 30, 2024, to a…

SSP awarded pipe supply contract from Aramco

Saudi Arabia Saudi Arabia

Saudi Steel Pipe Co. (SSP) has been awarded a SAR 138 million (USD 36.7 million) contract to supply oil and gas steel pipes to Saudi Aramco, according to a stock exchange filing. The contract is set to last for 12…

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