05
Jul
10:16
Arabian Pipes inks supply deal with Aramco
Saudi Arabian oil giant Aramco continues to support local pipemakers. Riyadh-based Arabian Pipes Company (APC) has secured a steel pipe supply contract with Aramco at a value of SAR 60 million ($16m), Kallanish notes.
The duration of the contracted is indicated as 12 months, and the financial impact will be seen from the second quarter of 2023, according to a bourse filing.
Aramco awarded APC in May a SAR 100m steel pi…
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Very good overview of the weekly steel market.
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