‎Saudi Steel Pipe inks SAR 50.2 mln supply contract with Saudi Aramco

‎Saudi Steel Pipe inks SAR 50.2 mln supply contract with Saudi Aramco

Saudi Steel Pipe Co. signed today, May 21, a contract worth SAR 50.2 million for the supply of oil and gas steel pipes to Saudi Aramco, according to a statement to Tadawul.

The contract term is five months, said the company, adding that the related financial impact will reflect on financial statements for Q3 2023.

There are no related parties, it noted.