Friday, August 22, 2025
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    Saudi Arabia

    Hadeed keeps long steel prices flat for September output

    The Saudi Iron and Steel Company (Hadeed) has left its long steel prices unchanged for September production. The company's rebar (12-32 mm) remains at SAR...

    Kobe Steel to build technical service hub in Jubail

    Kobe Steel will set up Kobelco Machinery Solution Arabia (KMSA) in Jubail Industrial City to strengthen its support for Saudi Arabia's fast-growing petrochemical and...

    Zamil Industrial returns to profit in H1 2025

    Saud Arabia's Zamil Industrial Investment returned to profitability in the first half of 2025, supported by higher sales across all business segments and effective...

    Group Five Pipe’s profit surges in H1 2025

    Saudi Arabia's Group Five Pipe posted a sharp rise in net profit for the first half of 2025, its financial statement showed. Net profit jumped...

    Watani Steel’s profit slumps in H1 on weak demand

    Saudi Arabia's Watani Iron Steel Co. (Watani Steel) posted a steep drop in first-half 2025 earnings, according to a stock exchange filing. Net profit fell...

    SSP’s profit rises in H1 on one-off gain

    Saudi Steel Pipe Co. (SSP) posted a 9.45pct YoY increase in net profit for the first half of 2025, reaching SAR 162 mln (USD...

    ISPC adopts geothermal cooling to cut emissions and boost efficiency

    Saudi Arabia's Al-Ittefaq Steel Products Company (ISPC) has partnered with Strataphy to introduce geothermal-powered Cooling as a Service (CAS) at its facilities, the first...

    Al Yamamah Steel’s net profit falls in 9M FY25

    Saudi Arabia's Al Yamamah Steel Industries Co. posted a sharp decline in net profit for the first nine months of fiscal 2025, ended June...

    APC’s profit falls in Q2 on lower sales volume

    Arabian Pipes Co. (APC) of Saudi Arabia reported a nearly 40pct YoY decline in net profit for the second quarter of 2025, driven by...

    ArcelorMittal TPJ to boost OCTG capacity with new heat treatment line

    ArcelorMittal Tubular Products Jubail (TPJ) has awarded the EPC contract for its heat treatment and finishing line expansion to Sinosteel Equipment & Engineering Co....
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