OECD flags rising trade distortion in steel Tata Steel, HZL explore cleaner coating option Saudi pipe supply deal boosts APC outlook LPG shortage threatens steel mill operations
Saudi Arabia-based Arabian Pipes Company (APC) has secured another contract from Saudi Aramco, strengthening its position in the Kingdom’s energy and steel pipe supply chain. According to the company, the new order is valued at around SAR 94 million, or about $25.06 million, and covers the manufacturing and supply of steel pipes for Aramco’s operations. The contract will be executed over a nine-month period, reflecting continued demand for pipe products linked to oil and gas infrastructure in Saudi Arabia. APC said the financial impact of the deal is expected to appear in the third and fourth quarters of 2026, giving the order added importance for its near-term revenue outlook. The latest win also highlights the company’s growing role in serving major domestic energy projects and underlines the strength of local sourcing within Saudi Arabia’s industrial ecosystem. For the steel and tubular products market, the contract signals steady activity in pipeline-related procurement and reinforces confidence in regional demand tied to upstream and midstream investment.
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