Riyadh – Mubasher: Saudi Steel Pipe Co. said it was awarded a contract worth SAR 110 million ($ 29.3 million) by Saudi Aramco for the supply of steel pipes, according to a bourse filing.
The company added that the related financial impact will be registered in both the second and the third quarter of 2017.
The company also noted that it will secure the project needs of raw materials locally from SABIC company.
In October 2016, Saudi Steel Pipe Co. has won a SAR 38 million ($10.13 million) contract from Aramco to supply steel pipes
