Watani Steel swings to net loss in 2025 amid lower sales
Saudi Arabia's Watani Iron and Steel Co. (Watani Steel) reported a net loss of SAR 14.86 mln (USD 3.96 mln) in 2025, compared with...
Hadeed hikes rebar and wire rod prices for March
Saudi Arabia's Saudi Iron and Steel Company (Hadeed) has increased prices for its long steel products for March deliveries.
Rebar prices for 12-32 mm sizes...
Aslak receives GAC clearance for 40pct stake acquisition in Al Raeda
Saudi Arabia's United Wire Factories Company (Aslak) has obtained a non-objection certificate from the General Authority for Competition (GAC) for its planned acquisition of...
Saipem secures additional offshore contract from Aramco
Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing long-term agreement with Saudi Aramco.
The scope of work covers the...
Buhur, Jindal SAW to build HSAW pipe plant in Sudair Industrial City
Saudi Arabia's Buhur Investment Company has partnered with Indian pipe producer Jindal SAW to establish a carbon steel pipe manufacturing facility in Sudair Industrial...
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