10
Mar
12:34
ArcelorMittal Jubail’s 2022 revenue soars following Jesco acquisition
ArcelorMittal saw attributable revenue from its Saudi Arabia-based seamless pipemaking joint venture surge 175% on-year in 2022 to $918 million, from $334m in 2021, Kallanish notes.
Attributable comprehensive income totalled $28m versus an $85m loss a year earlier.
In July 2021, ArcelorMittal Tubular Products Al Jubail (ATPJ) completed the acquisition of Jubail Energy Services Company (Jesco), a leading producer of carbon steel seamless pipes in Saudi Arabia and …
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Anonymous
Very good overview of the weekly steel market.
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