02
Jul
10:34
Saudi’s APC wins contract to supply steel pipe
Saudi Arabia's Arabian Pipes Company (APC) has signed a contract with Denys Arabia Ltd for the supply of steel pipe for the Jafurah Pipelines Phase-2, unconventional gas development project.
The latest contract, worth SAR 293 million ($78.1m), was signed on 1 July for a period of ten months, APC says.
According to the pipemaker, the financial impact will be felt from the fourth quarter of 2024 to the second quarter of 2025.
In Q1, APC's revenue rose 43.8…
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Anonymous
Very good overview of the weekly steel market.
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