Steel News

We strive to let you one step ahead of the market.

Saudi Aramco signs steel pipe supply contract with APC

25 Sep 2023 17:03 reported by Ana Lee

A A A
As drilling activity increases, Saudi Arabian Oil Company (Saudi Aramco)'s demand for steel pipes is increasing. Aramco signed a steel pipe supply contract worth SAR 54 million with Arabian Pipes Company (APC) again in a week.

Prior to this, the two parties signed a steel pipe and coating contract worth SAR 204 million.

The 10-month agreement was inked on September 19. The deal will reflect on its financial results for the second quarter of 2024.

Back to Steel News

Related News

Turkey’s rebar exports decrease in Oct m-o-m, y-o-y

  • Long product
  • 1 Dec 2023 16:41

US’ OCTG exports slide in Sep m-o-m

  • Long product
  • 30 Nov 2023 16:45

ArcelorMittal's Krakow welded tube plant to cease production

  • Long product
  • 30 Nov 2023 15:28

ArcelorMittal South Africa to end long products business

  • Long product
  • 30 Nov 2023 15:24

Taiwan’s DSC raises H-beam price for Dec

  • Long product
  • 29 Nov 2023 16:48

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,477.00
  • 2,482.00
  • Aluminum
  • 2,157.00
  • 2,197.00
  • Copper
  • 8,331.00
  • 8,419.00
  • Nickel
  • 16,330.00
  • 16,560.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290
  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290

Learn more