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Man Industries (India) has signed a memorandum of understanding (MoU) with Aramco Asia India to explore setting up a state-of-the-art steel pipe manufacturing facility in Saudi Arabia, strengthening its push into the Middle East energy infrastructure market. The agreement is effective immediately and will remain in force for five years, the company said in a stock exchange filing.
The MoU aims to assess “the potential to establish a state-of-the-art steel pipe manufacturing facility in the Kingdom of Saudi Arabia through MAN or its subsidiaries”, targeting rising demand for large-diameter line pipes and coated products in the region. Detailed feasibility work, including plant configuration, capacity, investment size and timelines, will be undertaken jointly during the MoU period.
Man Industries is already one of India’s leading manufacturers and exporters of longitudinal submerged arc welded (LSAW) and spirally welded pipes, supplying oil and gas, water transmission and other pipeline projects across multiple geographies. The proposed Saudi facility would complement its expansion plans and fit with the company’s broader strategy of building a local manufacturing footprint in key export markets.
Management has previously outlined a strong order pipeline and growing opportunities linked to global energy transition, hydrogen-ready pipelines and large cross-border gas and water projects, where Saudi Arabia is expected to remain a major investment hub.
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