23
Jan
12:14
Saudi East Pipes starts the year with contracts
Saudi Arabia's East Pipes Integrated Company for Industry (EPIC) has inked multiple contracts with a combined value of SAR 569 million (151.7m), including VAT, to supply water transmission pipe to Neom and Petroject, Kallanish notes.
The SAR 373m contract with Neom will span a period of 12 months, with the financial impact reflecting in East Pipes’ financial statements from the first quarter in 2023/2024, the Saudi pipemaker says…
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Anonymous
Very good overview of the weekly steel market.
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