30
Nov
08:52
Saudi's G5PS signs off water pipe contract
Dammam-based pipemaker Group Five Pipe Saudi (G5PS) has signed a new contract to supply welded spiral steel pipe for a National Water Company (NWC) project. The contract value is SAR 42.15 million ($11.24m), including VAT.
The pipe is required for the third phase of the project in Makkah's Al-Adl district, G5PS says in a bourse filing seen by Kallanish.
The contract duration is one year and the financial impact will be seen from the second quar…
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Anonymous
Very good overview of the weekly steel market.
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