Saudi Arabia-based East Pipes Integrated Company for Industry has approved the establishment of a new external steel pipe coating line at its pipe coating plant in the Second Industrial City in Dammam. The project…
Riyadh Steel Company has appointed Eng. Abdullah Radhwan Ali as Chief Executive Officer, effective March 12, after its Board of Directors approved the termination of his assignment as acting CEO, the company said in a…
The Islamic Corporation for the Development of the Private Sector (ICD), a Saudi-based member of the Islamic Development Bank Group, plans to arrange up to USD 900 mln in Sharia-compliant financing to support the…
Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 14.86 mln (USD 3.96 mln) in 2025, compared with a net profit of SAR 9.86 mln in the previous year, according to a filing on the Saudi…
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for March deliveries. Rebar prices for 12-32 mm sizes have been raised by SAR 100 (USD 26) to SAR 2,360 (USD 629) per…
Saudi Arabia's United Wire Factories Company (Aslak) has obtained a non-objection certificate from the General Authority for Competition (GAC) for its planned acquisition of a 40pct stake in Al Raeda Industrial…
Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing long-term agreement with Saudi Aramco. The scope of work covers the engineering, procurement, construction and installation…
Saudi Arabia's Buhur Investment Company has partnered with Indian pipe producer Jindal SAW to establish a carbon steel pipe manufacturing facility in Sudair Industrial City, the Saudi company said. The partnership was…
Saudi Arabia's Arabian Pipes Company (APC) reported a 34.3pct YoY decline in net profit for 2025, according to a stock exchange filing. The company's net profit fell to SAR 110.47 mln (USD 29.4 mln) from SAR 168.18 mln…
The board of Saudi Steel Pipe Company has approved the initiation of voluntary liquidation procedures for its wholly owned subsidiary, Titanium & Steel Manufacturing Co. Ltd. (TSM Arabia), which has a capital of SAR 32…
Saudi Steel Pipe Company (SSP), also known as TenarisSaudiSteelPipes, reported resilient financial results for the year ended 31 December 2025, supported by strong cash flow generation and a marked improvement in…
Saudi Arabia's Tahweel Metal Industry Company (TMIC) has signed a contract with SMS group for the engineering, manufacture and supply of a six-high aluminum cold rolling mill to produce high-quality aluminum strip. The…
Turkish modular solutions manufacturer Karmod has completed the installation of container-based worker camp structures at a gold mining exploration site near Riyadh, Saudi Arabia, the company said. The project includes…
Saudi Arabia's Jubail Energy Services Company (JESCO), a wholly owned subsidiary of ArcelorMittal Tubular Products Al-Jubail, has received the Best Improvement Quality Performance Award at the Aramco 2026 Local…
Tenaris has secured first place in the small and medium manufacturers category at the 2026 Saudi Aramco Local Manufacturers Quality Awards, recognizing its performance in quality, engineering and operations in Saudi…
Saudi Arabia's electric vehicle maker Ceer has announced a major expansion of its domestic supply chain, signing 16 commercial agreements worth more than USD 1 bln. The agreements support Ceer's localization strategy…
Saudi Arabia's Al Yamamah Steel Industries Co. reported a net profit of SAR 37.6 mln (USD 10 mln) for the October-December 2025 period, up sharply from SAR 4.59 mln a year earlier. The company attributed the strong…
Saudi Arabian Railways has signed an agreement with Talgo to purchase 20 new high-speed trains to expand the fleet serving the Haramain high-speed railway linking Mecca, Medina and Jeddah. Under the contract, Talgo will…
Spanish engineering firm IDOM has announced that it is developing the front-end engineering design (FEED) phase for the flat products expansion project of Saudi Iron and Steel Company (Hadeed). Although details were…
Saudi Steel Pipe Company (SSP) said its consolidated subsidiary, Global Pipe Company (GPC), has signed a contract with Subsea 7 Saudi Arabia for the supply of line pipe for an offshore redevelopment project. The…