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Saturday, September 5, 2026

Saudi Arabia

Molan Steel losses widen in H1 on lower revenue

Saudi Arabia's Molan Steel Co. reported a 72pct YoY decline in revenue to SAR 9.3 mln (USD 2.47 mln) in the first half of...

Bena Steel’s net profit surges in H1 2026

Saudi Arabia's Bena Steel Industries Company reported a sharp increase in net profit attributable to shareholders in the first half of 2026, supported by...

Hadeed raises wire rod prices, keeps rebar unchanged for September

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has kept its domestic rebar prices unchanged for September production, while raising wire rod prices by...

Group Five Pipe’s H1 net profit rises on lower production costs

Saudi Arabia's Group Five Pipe Saudi Company reported a 14.3pct YoY increase in net profit to SAR 143.1 mln (USD 38 mln) in the...

Dalipal advances OCTG manufacturing project at SPARK

Chinese tubular products manufacturer Dalipal Holdings has signed a 25-year lease for a 1.03 mln sq m plot at King Salman Energy Park (SPARK)...

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