29
Feb
09:27
Arabian Pipes bags $11m contract
Arabian Pipes Company (APC) has been awarded a SAR 42 million ($11.2m) contract to supply 76km of welded pipe to Al Robaya Holding Co. Production will be carried out at APC’s Jubail mill and deliveries will start in the third quarter, Kallanish learns from the Saudi pipemaker.
A decline in sales saw APC’s net loss deepen in the quarter through December 2015 (see Kallanish 27 January). This represented a reversal on the previous three quarters, each o…
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Very good overview of the weekly steel market.
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