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Friday, May 1, 2026

Saudi Arabia

Jindal SAW board clears expansion of Saudi pipe project

India-based Jindal SAW Ltd. said its board has approved a proposal to establish an additional longitudinal submerged arc welded (LSAW) pipe facility in Saudi...

Baosteel reviews PIF JV steel plate complex in Ras Al Khair amid regional uncertainties

China's Baoshan Iron & Steel Co. (Baosteel) is reassessing its planned steel joint venture in Saudi Arabia amid rising geopolitical risks linked to tensions...

Hadeed raises long steel prices for May output

Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for May production. Rebar (12-32 mm) prices were raised...

Molan Steel losses widen in 2025 on weak liquidity

Saudi Arabia-based Molan Steel Company reported lower revenue and wider losses for the year ended 31 December 2025, according to a filing on the...

Diriyah awards museum construction contract to Hassan Allam-AlBawani JV

Saudi Arabia's Diriyah Company has awarded a contract valued at around USD 490 mln for the construction of the Saudi Arabia Museum of Contemporary...

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