Steel Products
February 2020

Sabic’s Saudi Iron and Steel Company (Hadeed) expects local steel consumption to increase gradually over the next 10 years thanks to stronger demand from the private sector and not only via government spending or the oil sector, metalbulletin.






February 2020

Prysmian Group, a leader in the energy and telecom cable systems industry, has been awarded a contract by Libra, a consortium of prime international oil and gas operators, for steel tube umbilicals to be installed in the Mero offshore oilfield.






February 2020

UAE-headquartered crane and heavy equipment rental company Al Faris has transported a cargo of structural steel elements for the Expo 2020 event in the UAE. The project involved lifting and installation of 42 structural steel elements for the construction of the UAE pavilion structure.






February 2020

Fresh US sanctions against Iranian steel exports are likely to have little impact because pricing remains attractive to buyers in Asia, Iran-based sources told S&P Global Platts.






February 2020

The revenue of the market for tubes, pipes and hollow profiles (of iron or steel) worldwide amounted to $124.6 billion in 2018, rising by 3.9 per cent against the previous year, according to a new report by IndexBox.






February 2020

After experiencing ongoing problems with the bearings on a vital milling machine at a steel plant, the management team turned to the Tokyo-based bearing manufacturer NSK for a solution. This decision proved to be extremely lucrative, with the steel mill now enjoying annual savings of €35,600.






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