03
Feb
16:44
Arabian Pipes bags another large Aramco order
Arabian Pipes Company (APC) has been awarded a SAR 160 million ($42.7m) contract to supply longitudinal submerged arc welded (LSAW) pipe to Saudi Aramco. Production will take place at the Jubail plant and the financial impact will be felt in the third and fourth quarters of 2020.
The firm previously won a SAR 174m order to supply OCTG pipe to Aramco in December from its Riyadh mill (see Kallanish passim).
Stable production at both its mills, improved margins and …
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Anonymous
Very good overview of the weekly steel market.
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