28
Apr
13:56
Arabian Pipes Company secures $20m Aramco contract
Arabian Pipes Company (APC) has been awarded a SAR 78 million ($20.8m) contract to supply electric resistance welded (ERW) pipe to Saudi Aramco, Kallanish learns from the Saudi Arabian pipemaker. The pipe will be supplied in the fourth quarter and Q1 2018 from APC’s Riyadh mill.
In March APC won a SAR 135m deal to supply OCTG pipe from its Riyadh plant to Saudi Aramco (see Kallanish 14 March).
In full-year 2016 APC’s revenue inched down -2% on-yea…
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Anonymous
Very good overview of the weekly steel market.
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