Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has maintained domestic prices for its long steel products for June production. The company is offering rebar (12-32 mm) at SAR 2,930 (USD 781) per ton and wire rod…
Saudi Arabia's Saudi Steel Pipe Co. (SSP) and Arabian Pipes Co. have announced separate contracts for the supply of steel pipes to Saudi Aramco, with a combined value of approximately SAR 127 mln (USD 33.9 mln). Saudi…
Saudi Arabia's National Metal Manufacturing and Casting Co. (Maadaniyah) has announced that its subsidiary, BAAS Gulf Industry Company (Valves Plant), has signed a supply contract with Harbin Electric International…
India-based MAN Industries has completed the acquisition of 100pct equity stake in Saudi Arabia's National Pipe Company Limited (NPC) through its wholly owned Saudi subsidiary Man International Steel Industries Company…
Saudi steel pipe producer Arabian Pipes Company (APC) has signed a contract with Saudi Aramco for the manufacturing and supply of steel pipes. The contract is valued at around SAR 48 mln (USD 12.8 mln) and has a…
Saudi Arabia's based East Pipes Integrated Company for Industry (East Pipes) reported record financial results for the fiscal year ended March 31, 2026, supported by strong contract execution and higher demand from the…
Saudi Arabia's Molan Steel Co. signed an agreement to obtain an interest-free loan worth SAR 15 mln (USD 4 mln) from its major shareholder, Dar Al-Takamul Holding Co. According to the company, the financing will be used…
Saudi Arabia-based Arabian Pipes Company (APC) signed a contract with Kuwait's KAC Trading Company for the manufacture and supply of OCTG casing pipes for Kuwait Oil Company (KOC). According to the company, the contract…
Saudi Arabia's Advanced Building Industries Company (Senaat) announced that its subsidiary, Advanced Construction Solutions Company for Projects (ZODCON), signed a contract with TKE ALAT Manufacturing Company for the…
Kingspan Insulation announced the operational launch of its new manufacturing facility in Dammam, Saudi Arabia, strengthening the company's local production presence in the Kingdom. The facility will produce HVAC…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) increased domestic prices for its long steel products for May production, marking its second price revision this month. The company raised rebar (12-32 mm) prices by…
Saudi Arabia-based Watani Iron Steel Co. (Watani Steel) reported lower net profit for the first quarter of 2026, as lower steel selling prices continued to pressure profitability despite relatively stable sales revenue…
Saudi Arabia-based Al Yamamah Steel Industries Co. reported higher financial results for the six-month period ended March 31, 2026, supported by increased sales in the electricity and renewable energy sectors. The…
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, announced its financial results for the first quarter of 2026. The company's net sales revenue declined by 15.1pct YoY to SAR 385 mln (USD 102.6…
Advanced Building Industries Company (Senaat) has announced that its Egyptian subsidiary, Zamil Structural Steel Company, has signed a contract with Qatar-based Elegancia Steel Company for the design, manufacture and…
Saudi Arabia-based Al Suwaidi Heavy Industries (SHI), a subsidiary of Al Suwaidi Industrial Development Holding Company, has completed the fabrication and delivery of piping for a flare manifold system for Zeeco Middle…
India-based Jindal SAW Ltd. said its board has approved a proposal to establish an additional longitudinal submerged arc welded (LSAW) pipe facility in Saudi Arabia through its joint venture. The expansion will be…
China's Baoshan Iron & Steel Co. (Baosteel) is reassessing its planned steel joint venture in Saudi Arabia amid rising geopolitical risks linked to tensions in the Middle East, according to a Reuters report. The…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production. Rebar (12-32 mm) prices were raised by SAR 100 (USD 27) to SAR 2,900 (USD 774) per ton, while…
Saudi Arabia-based Molan Steel Company reported lower revenue and wider losses for the year ended 31 December 2025, according to a filing on the Saudi Exchange. Revenue declined by 29.4pct YoY to SAR 60.9 mln (USD 16.2…