Group Five Pipe posts strong profit growth in 2025
Saudi Arabia's Group Five Pipe reported a sharp increase in net profit for 2025, according to its financial statement.
Net profit rose to SAR 144.8...
East Pipes expands capacity with new production line
Saudi Arabia's East Pipes Integrated Company for Industry has completed the construction and installation of a new helical submerged arc welded (HSAW) pipe production...
Aisha Steel ratings reaffirmed on stable outlook – VIS
Aisha Steel Mills Limited (ASL) has had its entity ratings reaffirmed at 'BBB+/A2' by VIS Credit Rating Company Limited, with a stable outlook.
The ratings...
Iron ore futures edge lower on cautious demand outlook
Iron ore futures retreated on Wednesday as cautious sentiment over demand outlook weighed on the market.
High port-side inventories in China continued to act as...
Marubeni-Itochu Steel establishes pipe distribution firm in Georgetown
Japan-based Marubeni-Itochu Steel Inc. has established a steel pipe and tubular products distribution company in Georgetown, Guyana, expanding its presence in the growing energy...
