Saudi Arabia's Diriyah Company has awarded a contract valued at around USD 490 mln for the construction of the Saudi Arabia Museum of Contemporary Art (SAMoCA) within the Diriyah development. The project will be…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products, marking its fourth hike since early April amid ongoing cost pressures linked to Middle East disruptions. Rebar…
Saudi Arabia's Al Yamamah Steel Company has been awarded two contracts by Expo 2030 Riyadh Co. for infrastructure and core utilities works at the Expo 2030 Riyadh site. The scope includes development of essential…
Saudi billet producer Al Qaryan Steel has obtained certification for its billets under the Emirates Conformity Assessment Scheme (ECAS) and the Emirates Quality Mark (EQM), issued by CARES. The certifications, valid…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its third hike since the start of the month. The company's rebar prices (12-32 mm) have…
Saudi Arabia's Al Yamamah Steel Industries Co. has signed a contract with SEPCOIII Electric Power Construction Co., Ltd. (Saudi branch) to supply steel towers for the Yanbu wind independent power project, the company…
Domestic HRC prices in Saudi Arabia have increased amid tightening supply and ongoing logistics disruptions linked to regional geopolitical tensions, market sources said. Saudi Arabia's Saudi Iron and Steel Company…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries, marking its second hike within a week. Rebar prices (12-32 mm) have been raised by SAR 100 (USD…
Group Five Pipe Saudi Co. has secured a SAR 176 mln (USD 47 mln) contract with Esnad Al Turuq Contracting Company for pipe supply, the company said in a filing to Tadawul. The contract covers the manufacture and supply…
BAZ International Industry Co. has signed a memorandum of understanding (MoU) with SAAL Industrial Technology Co., a subsidiary of China's Baotou City Joyun Co., to cooperate in steel pipe manufacturing technologies…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for April deliveries. Its rebar prices (12-32 mm) have been raised by SAR 100 (USD 27) to SAR 2,460 (USD 656) per…
Saudi Arabia's Bena Steel Industries Co. reported a sharp decline in profit for 2025, according to a stock exchange filing. Net profit fell by more than 94pct YoY to SAR 611,264 (USD 163,004), while revenue declined…
Saudi Steel Pipe Co. (SSP) has secured a contract for the supply of oil and gas steel pipes to Saudi Aramco, according to a Tadawul statement. The 12-month contract is worth around approximately SAR 127 mln (USD 33.8…
Saudi Arabia's Molan Steel has settled its long-running dispute with Yara International over Mayar International, bringing the multi-year case to a close, the company said in a stock exchange filing. A final…
Saudi Iron and Steel Company (Hadeed) has achieved a new monthly billet production record at its Jubail plant, producing 103,227 tons in October 2025, surpassing the previous record of 101,304 tons set in July. The…
Saudi Arabia's Neom has terminated several major contracts related to the Trojena development, including a structural steel package awarded to Eversendai Corporation Berhad, reflecting a broader reassessment of project…
Saudi Arabia's Arabian Pipes Co. (APC) has signed two contracts worth a combined SAR 241 mln (USD 64 mln) to manufacture and supply steel pipes to Saudi Aramco, according to a stock exchange filing. The first contract…
Saudi Arabia's Group Five Pipe reported a sharp increase in net profit for 2025, according to its financial statement. Net profit rose to SAR 144.8 mln (USD 33.2 mln), compared with SAR 38.5 mln a year earlier…
Saudi Arabia's East Pipes Integrated Company for Industry has completed the construction and installation of a new helical submerged arc welded (HSAW) pipe production line at its facility in the Second Industrial City…
Saudi-based Riyadh Steel reported lower revenue but higher net profit in 2025, according to a filing on the Saudi Exchange. The company's revenue declined 7pct YoY to SAR 151.16 mln (USD 40.3 mln) in 2025, compared with…