10
Nov
10:34
Saudi's East Pipes bags Aramco steel supply contract
Saudi Arabia's East Pipes Integrated Company for Industry (EPIC) has bagged a SAR 440 million ($117.3) contract, including 15% VAT, from Saudi oil giant Aramco for the manufacture and supply of steel pipe, Kallanish notes.
The contract duration is 13 months, with financial impact to appear from July until December 2024, EPIC says in a bourse filing.
In the current fiscal year starting from 1 April 2023, Aramco has thus awarded EPIC over SAR 2.2 bill…
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Anonymous
Very good overview of the weekly steel market.
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