Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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Turkey exported approximately 246,000 tons of welded steel pipes in the first two months of 2025, marking an 8pct YoY decline, according to data from the Turkish Statistical Institute (TUIK). Iraq was the largest…
Al Gharbia Pipe Company (AGPC), an Abu Dhabi-based manufacturer of longitudinally submerged arc welded (LSAW) steel pipes, has reached a significant production milestone of 500,000 tons at its facility in Khalifa…
Vallourec, a global leader in premium seamless tubular solutions, has secured a major contract with Allseas to supply line pipes for the Buzios 10 offshore project, operated by Petrobras. The deal covers nearly 18,000…
Tenaris has renewed its commercial agreement with Ecopetrol, Colombia's largest energy company, extending their long-standing partnership for an additional two years. The collaboration, which spans over 15 years…
Salzgitter Mannesmann International GmbH (SMID) and Mannesmann Grossrohr GmbH (MGR) have signed a major agreement with Munich-based CNT Bau, a subsidiary of Portugal's Casais Group, for the supply of spiral-welded…
Arabian Pipes Company (APC) has secured a new supply contract with EPC contractor C.A.T. International LLC, according to a disclosure filed with the stock exchange. Valued at SAR 107 mln (USD 28.4 mln), the agreement…
Turkish pipe manufacturer Erciyas Celik Boru has secured a USD 12.2 mln order for the Afsin-Elbistan Thermal Power Plant, Turkey's largest thermal power project, the company announced in a stock exchange filing. As part…
Vallourec, a leading provider of premium seamless tubular solutions, has secured a significant order from Sonatrach, Algeria's national oil and gas company, for the supply of Oil Country Tubular Goods (OCTG), the…
Man Industries (India) has been added to QatarEnergy LNG's approved vendor list, the company announced in a stock exchange filing. QatarEnergy LNG, formerly Qatargas, is the world's largest LNG producer, with an annual…
Turkish pipe manufacturer Erciyas Celik Boru has secured a USD 32.5 mln pipe order for the third phase of a major container port expansion project in the Adriatic Sea, the company announced in a stock exchange filing…
Benteler Steel/Tube GmbH & Co KG has commissioned SMS group to upgrade its seamless tube mill in Paderborn-Schloss Neuhaus, Germany, with the advanced CARTA neo SRM Technology System. This modernization will replace the…
Dusseldorf-based Hoberg & Driesch Rohrengruppe, a leading European steel tube distributor with branches in ten countries, has reached an agreement to acquire part of Salzgitter Mannesmann Stahlhandel GmbH's tube…
Saudi Arabia's Group Five Pipe posted a significant surge in net profit, reaching SAR 38.5 mln (USD 10.2 mln) in 2024, compared to SAR 9.37 mln in the previous year, according to a stock exchange filing. Revenues more…
Saudi Arabia's Arabian Pipes Co. (APC) reported a net profit of SAR 168.18 mln (USD 44.8 mln) in 2024, reflecting a 27.3pct YoY increase, according to its stock exchange filing. The profit growth was driven by higher…
Liberty Steel UK's Hartlepool pipes division has commenced work on pipeline production for the Net Zero Teesside Power (NZT Power) project at Teesworks, following its contract win last year on the BP-led initiative. In…
Tubacex, a global leader in advanced industrial solutions for the energy and mobility sectors, has signed a USD 50 mln license agreement with the Abu Dhabi National Oil Company (Adnoc), granting its usage rights for its…
Turkish pipe producer Borusan Pipe reported a net loss of USD 5 mln in 2024, a sharp decline from its USD 194 mln profit in 2023, citing challenging market conditions. The company attributed its losses to pricing…
India's Welspun Corp has established a wholly-owned subsidiary, Welspun Europe S.A., in Spain to strengthen its export presence across all business verticals, according to the company's exchange filing. Welspun…
Al Jazeera Steel Products Co. reported a 93pct surge in net profit for 2024, reaching OMR 7 mln (USD 18.3 mln), up from OMR 4 mln in 2023, according to its latest financial statement. Revenue rose 3pct YoY to OMR 146.68…
Turkish pipe manufacturer Erciyas Celik Boru, along with its business partner, has received a new pipe order from Morocco, the company announced in a stock exchange filing. Valued at USD 76.3 mln, the order is for the…
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