Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
461 news items in Tubes. Show all
Saudi Steel Pipe Co. (SSP) reported a substantial rise in net profit, reaching SAR 213 mln (USD 56.6 mln) in the first nine months of 2024, up 61pct YoY. This growth was driven by higher gross profit, fueled by an…
India's Welspun Corp announced it has secured two major orders in the U.S., totaling INR 1,300 crore (USD 154.5 mln), to supply coated HSAW pipes for natural gas pipeline projects, according to a stock exchange filing…
Oman's Al Jazeera Steel Products Co. reported significant profit growth for the first nine months of 2024, with profit reaching OMR 3.9 mln (USD 10.1 mln), a 62pct increase YoY, driven by strong construction demand in…
Nucor Tubular Products Marseilles has awarded Danieli Centro Tube a contract for a new orbital cut-off saw for its 5K-ERW mill in Marseilles, Illinois, USA. This saw will cut welded tubes up to 6 5/8 inches (168 mm) in…
India's JTL Industries Limited has successfully expanded its Raipur facility's capacity from 100,000 to 200,000 tons per annum, according to a recent stock exchange filing. This expansion brings JTL's total pipe…
Axpo Italia, a leader in renewable energy, has signed a Power Purchase Agreement (PPA) with Tenaris to supply Dalmine, Tenaris' seamless steel tube factory in Italy, with 15 GWh of certified green energy annually. This…
Omani steel producer Al Jazeera Steel Products Co. SAOG reported a substantial 62pct YoY increase in net profit for the first nine months of 2024, according to its unaudited financial statement. The company's net profit…
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of International Industries Limited (IIL) at 'AA-/A-1'. The 'AA-' rating reflects high credit quality with strong protection factors, while the…
Vallourec, a global leader in seamless tubular solutions, has signed a Memorandum of Understanding (MoU) with Advanced Supply Management Operations (ASMO), a joint venture between DHL and Aramco's Saudi Aramco…
Turkey's welded steel pipe exports increased by 11.6pct in the first eight months of 2024, totaling approximately 1.33 mln tons compared to the same period last year. Romania emerged as Turkey's largest market, with…
India's Jindal Saw reported robust net profit growth for the quarter ending September 30, 2024. The company's net consolidated profit rose 33.6pct YoY to INR 4.75 bln (USD 56.5 mln), while revenue increased by 12.1pct…
Tubacex has secured a strategic contract with Petrobras for the Sepia-2 and Atapu-2 offshore gas projects in Brazil. Valued at EUR 64.5 mln (USD 70.4 mln), this agreement reinforces Tubacex's position as a leading…
Crescent Steel and Allied Products Limited has announced that it has secured a contract from Sui Northern Gas Company Limited (SNGPL), according to a filing with the Pakistan Stock Exchange (PSX). SNGPL has awarded…
Welspun announced that it has secured a significant order in the U.S. to supply coated HSAW pipes for a natural gas pipeline project, according to a stock exchange filing. The contract is valued at INR 2,400 crore (USD…
Indian structural steel tube manufacturer, Rama Steel Tubes Limited announced its sales volume performance for H1FY25 and Q2FY25. The company registered a sales volume of 50,921.67 tons in Q2 FY25, up sharply by 42.3pct…
The European Commission has approved, under the EU Merger Regulation, the joint control acquisition of TBX NewCo Spain S.L.U. (Spain) and TBX Upstream Seamless Pipes L.L.C. (UAE) by Spain's Tubacex S.A. and the Mubadala…
Turkish pipe manufacturer Erciyas Celik Boru announced that its subsidiary, Erciyas Tech Ventures Technology Investments Inc., in which it holds a 55pct stake, has partnered with Cimtas Advanced Technology Solutions…
The US Department of Commerce has concluded its administrative review of the antidumping order on circular welded carbon-quality steel pipe from Oman and determined that Al Jazeera Steel Products, the sole producer…
Turkey exported approximately 1.17 mln tons of welded steel pipes in the first seven months of this year, marking an 11pct increase compared to the same period last year, according to the Turkish Statistical Institute…
Tosyali Holding's Toscelik has supplied pipes for the first phase of the Juranah Independent Strategic Water Reservoir (Juranah ISWR-1) project, which is being constructed by Mapa Group, the company announced in a press…
“Premium Content” marks a news item that needs a subscription to read in full.
