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 Arabia's East Pipes Integrated Company for Industry has secured a pipe supply contract valued at over SAR 235 mln (USD 62.5 mln) from Esnad Al-Turuq for General Contracting, including VAT. The 24-month contract…
Turkish steelmaker Habas is set to expand its presence in the pipe sector through a new acquisition. The company aims to acquire Ilhanlar Haddecilik, a subsidiary of the Ilhanlar Group, located in the Osmaniye Organized…
ArcelorMittal has completed its acquisition of a 28.4pct stake in Vallourec, buying 65,243,206 shares from Apollo Global Management Inc. The deal, valued at approximately EUR 955 mln (USD 1.045 bln), was finalized…
Saudi Arabia's Arabian Pipes Co. (APC) reported a net profit of SAR 111.83 mln (USD 29.7 mln) in the first half of 2024, a significant increase from SAR 56.94 mln in the same period last year. This profit surge is…
India's DEE Development Engineers announced that it has bagged two international orders from Mitsubishi Heavy Industries, Japan and GE Vernova International. DEE Development Engineers has secured two international…
ArcelorMittal has launched a new steel product, HyMatch, designed for constructing hydrogen pipelines to support the development of hydrogen gas infrastructure. This initiative involves research across ArcelorMittal's…
Tata Steel and Welspun Corp have teamed up to produce hydrogen-compliant grade steel pipes designed for the safe transportation of gaseous hydrogen. Their collaboration has resulted in the successful development and…
Saudi Steel Pipe Co. (SSP) reported a substantial increase in net profit, reaching SAR 147.9 mln (USD 39.3 mln) in H1 2024, a 58pct rise YoY. This growth was driven by higher sales revenues and volumes, including…
India's Jindal Saw reported strong net profit growth for the quarter ending June 30, 2024. Net profit surged 70.5pct YoY to INR 416.4 crore (USD 49.7 mln), while revenue grew 12.1pct YoY to INR 4,984.8 crore (USD 595…
Tosyali Algerie has signed a memorandum of understanding with Algeria's state-owned oil company, Sonatrach, to jointly conduct a feasibility study for producing green hydrogen from renewable energies in Algeria. The…
Hi-Tech Pipes Ltd., a leading steel tubes and pipes manufacturer in India, has achieved its highest-ever sales volume in Q1FY25. The company reported a significant 45pct increase, reaching a total sales volume of…
Nippon Steel Corporation and Sumitomo Corporation have extended their long-term contract with Norwegian energy company Aker BP ASA for OCTG supply until 2034. Aker BP, established in 2016, is Europe's largest…
Vallourec, a global leader in premium tubular solutions, announced it has been awarded a contract by TotalEnergies to supply nearly 5,000 tons of OCTG solutions and services for the Kaminho deepwater project on Block…
Corinth Pipeworks has secured a significant contract from Woodside Energy, the operator of Mexico's Trion deepwater field, to produce and deliver approximately 118 kilometers of High Frequency Welded (HFW) steel pipes…
UAE's APL Apollo Tubes, a wholly owned subsidiary of India's APL Apollo Tubes, has launched a new Direct Forming Technology (DFT) line at its plant in Umm Al Quwain (UAQ), according to a company official's announcement…
Nippon Steel Corporation and Sumitomo Corporation have renewed a long-term contract with Equinor ASA for the supply of OCTG (Oil Country Tubular Goods) for up to 9 years, to be used in Norway and internationally. For…
Arabian Pipes Company (APC) announced it has secured a new pipe supply contract from Denys Arabia, according to a stock exchange filing. The contract, valued at SAR 293 mln (USD 78 mln), involves APC supplying pipes…
The Indian commerce ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has recommended continuing countervailing or anti-subsidy duties on welded stainless steel pipes and tubes from China…
Vallourec has signed a two-year extension to its 2019 contract with the Abu Dhabi National Oil Company (Adnoc), originally valued at USD 900 mln. This extension will take effect in January 2025 and will last until…
Japan's Nippon Steel and Sumitomo Corp have secured orders from QatarEnergy for high-alloy seamless pipes to be used in a carbon capture storage (CCS) project. This project, led by QatarEnergy in Qatar’s Mesaieed…
“Premium Content” marks a news item that needs a subscription to read in full.
