Saudi steel pipe company Learn about its mission, facilities, Most comprehensive portfolio of steel pipes and related services in the Kingdom. Armetal Metal Industries Co. Saudi Steel Pipe Company Highlights 1Q2021 Three-month period ended March 31, (all amounts in thousands of SAR) 2021 2020 Unaudited Net cash provided by operating activities 42,023 (31,072) Capital expenditures (2,849) (4,282) Free cash flow 39,173 (35,354) Armetal Metal Industries Co. Executives - Saudi Steel Pipe Company Al Othman Industrial Marketing Company (IMCO) is a 1OO% Saudi-owned company that has been supplying high quality industrial products from leading manufacturers across the world for almost four decades. Arabian Pipes Co. Saudi Steel Pipe Company Announces Contract Sign Off with Saudi Aramco. A wide selection of seamless and welded pipes in all grades of Carbon Steel , Alloy Steel. jane@sspipe. 7 mln: 6 M: 2022: Saudi Steel Pipe swings to SAR 14. L. SA description & address. TenarisSaudiSteelPipes. If you have an inquiry? SPS co. In a statement, the company attributed the profit growth to an increase in gross profit, Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR138 million ($37 million) contract from Saudi oil giant Aramco for supply of oil and gas steel pipes for one of its key projects. Tariq Abdel Hadi Abdullah Al-Qahtani and Mr. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed TenarisSaudiSteelPipes. 2. com), which is being used by 60. com The ARAB STEEL CO. 8 mln . 150,000 Tons / Annum. It was established in 1991. Invites its Shareholders to Attend The 15TH Ordinary General Assembly Meeting (First Meeting) Introduction The Board of Directors of Saudi Steel Pipes Company (SSP) is pleased to invites the shareholders to attend the 15th Ordinary General Assembly Meeting (the first and second meeting after an The establishment of the company was envisioned by Sumitomo Group of Japan together with Saudi investors to provide local supply of quality pipes for the oil, gas, water and construction services at the time of rapid industrialization in the kingdom. Global Pipe Riyadh – Saudi Steel Pipe Company witnessed 301. 47% to SAR 1. 1980 SSP was initially incorporated as a limited liability mixed industrial company (Saudi-Korean) Became a closed joint stock company Became a public joint stock company SSP acquired an additional 22. 3 mln; Q2 at SAR 11. e. Pipe. SR) Market cap: $0. 1M profit in 2023; Q4 at SAR 57. Page - 1 Saudi Steel Pipe Company. The contract is valid for 12 months, the pipe manufacturer said in a statement to Tadawul, noting that there are no related parties to the contract. C (ANIE), a renowned industrial conglomerate with manufacturing activities in sectors like Steel, Polymers, Structural Fabrication and Industrial Intermediates located across the AGCC Saudi Steel Pipe Co. doe@sspipe. Get the latest business insights from Dun & Find the contact details of Saudi Steel Pipe Company, a leading producer of steel pipes in Saudi Arabia. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Saudi Steel Pipes Company reported earnings results for the third quarter and nine months ended September 30, 2023. Explore with. Purchase commercial and industrial lands for company expansion purposes and Noor Steel Company, a top steel manufacturer & supplier in Saudi Arabia, Al Kharj, offers premium industrial steel products. are engaged in trading of unmatched quality Steel Products. Saudi Steel Profile Co | 2,125 followers on LinkedIn. Subscribe to our free weekly newletter! Get the latest deals, reviews & articles. We are pleased to present the Annual Report of the business operations and performance of Saudi Steel Pipe Company (“SSP”) for the fiscal year ended on 31/12/2019, as stipulated in the Saudi Steel Pipe Company (SSP) is a leading manufacturer and supplier of electrically resistance welded steel pipes (ERW) for the energy, industrial and construction segments in the Middle Tenaris, a leading supplier of tubes and related services for the world’s energy industry and other industrial applications, has announced that it will rebrand Saudi Steel Pipes (SSP), a welded pipe producer in the Kingdom Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. SPS co.  Saudi Steel Pipe Co. The system of internal controls at Saudi Steel Pipe Company (the Company) is designed principally to provide reasonable assurance on the achievement, in all material respects, of the Company’s objectives that include issuance of reliable financial reports, compliance with applicable laws, regulations and Saudi Steel Pipes Co SJSC is a Saudi Arabia-based company, which is engaged in the steel pipes manufacturing sector in the Middle East and North Africa region. : +966 13 812 2222. sa. Saudi Steel Pipe Company has been recognized as Saudi Arabia’s premier manufacturer of welded steel pipe since its inception in 1980. 22-12-06 CI We are a national company incubating innovation, competing with ourselves, and proud to be the first choice in supplying high-quality steel pipes to the most prominent companies in the Kingdom of Saudi Arabia. sa The Company 16 Saudi Steel Pipe Company Total Sales Local Sales Exports Year Company Relationship Geographical Analysis 2021 2021 – 53,892 2,620 147,058 2,620 200,950 THOUSANDS SAR In addition, the geographical distribution of SSP’ subsidiary and associate companies sales were as follows: Titanium & Steel Manufacturing Co. Activities Summary Saudi Steel Pipes is a leading manufacturer and supplier of welded steel pipes for the energy, industrial and commercial segments of the Middle East and North Africa. Share Copy to clipboard. announces its Interim Financial results for the Period Ending on 30-09-2024 ( Nine Months ) 1320. has announced that it has signed a contract with Saudi Arabian oil and gas company Aramco to supply oil and gas pipes worth SAR 62. Our factory leads the industry in quality & standard. 35mm to 30. pdf) or read online for free. 1. jdoe@sspipe. Accordingly, aft er the completion of the audit activities; the committee received the audit reports issued by the audit team, and directed SSP internal audit team to review and follow - Global Pipe Company (GPC) GPC is a joint venture between TenarisSaudiSteelPipes and local shareholders. is manufacturing and marketing of welded steel pipes for Oil and Gas, Structural and commercial Please let us know if you have a question want to leave a comment; ADDRESS INFO: 2nd Industrial City Dammam 31492 Saudi Arabia Saudi Steel Pipe turns to profit of SAR 43. For the third quarter, the company reported sales was SAR 317. They employ advanced manufacturing methods to ensure top Saudi Steel Pipe Co. 240,000 Tons / Annum. Fax Saudi Steel Pipe Company (SSP) is a leading manufacturer and supplier of electrically resistance welded steel pipes (ERW) for the energy, industrial and construction segments in the Middle East and North Africa. ERW Pipes: From Saudi Arabia-based pipemaker Saudi Steel Pipe Co. In addition to technical ratings, keep an eye on the SAUDI STEEL PIPE CO. ALKAFAA is an Approved Vendor for most of the leading companies and contractors (i. 6 mln) in the first nine months of 2024, up 61pct YoY. It is located in Jubail City, and produces LSAW pipes from 16” to 60” for the energy, industrial and construction segments of the Middle East and North Africa. 27% interest in GPC Saudi Steel Pipe Company Results For The Year Ending December 31, 2022 The financial and operational information herein highlights the main results of the period based on audited consolidated financial statements presented in Saudi Riyals and prepared in accordance with Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. At Steel Pipe Sourcing, we offer 304 Stainless Steel Tubes of the highest quality and are renowned as the top-notch 304 Stainless Steel Seamless Tube Manufacturers in Saudi Arabia ensuring dependable performance and durability for your Saudi Steel Pipe H1 2024 profit rises 19% to SAR 107. It offers oil and gas operations pipelines with API and premium connections, pipelines, packaging and related Offering a diverse range of pipe products meeting international standards such as ASTM, BS, ANSI, and EN, Tenaris Saudi Steel Pipe aims to be a leading steel manufacturer in -- East Pipes Integrated Co. Box 21420, , Saudi Arabia. 5 mln profit in Q1 2022: 3 M: 2022: Saudi Steel Pipe turns to SAR 900,000 profit in 2021; Q4 earnings at SAR 1. Fax : +966 13 812 1005. com. and is already setting up a green-field and integrated steel plant with a capacity limit of up to 4. 6M contract from Aramco Argaam 15/05/2024 P. Industrial Company Saudi Steel Pipe Company (SSP) announces the completion of its acquisition of an additional stake in Global Pipe Company (GPC) previously-announced on 7/12/2022 (corresponding to 13/5/1444). sa Saudi Steel Pipe Co. located in Dhahran area just 15 Home; About Us; Projects; Products. 90 Billion USD. 064) in the previous quarter. reported a 19% rise in net profit to SAR 107. The company bought a 47. Jubail Energy Services Co (JESCO) Tianjin Pipe Company (TPCO) Al Jazirah Pipes; Saudi Steel Pipes (SSP) Stainless Steel Seamless and Welded: ASTM A312; Grade 304/L - 316/L; Juili; Tubacex; Sandvik; Sanyo; Froch; TUBES & BARS Stainless Steel: ASTM A276; ASTM A269; Grade 304/L - 316/L; Juili; Tubacex; Saudi Steel Pipe Company, established in 1980 and based in Dammam, Saudi Arabia, is a leading manufacturer in the Middle East and North Africa region, specializing in welded steel pipes and various steel products. Revenues hiked by 78. 8M Saudi Steel Pipe Co. located in Dhahran area just 15 The company manufactures black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes and seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frames, and submerged arc welded pipes, as well Saudi Steel Pipe Co. View today's Saudi Steel Pipe Company stock price and latest 1320 news and analysis. Saudi Steel; Home; About Us; Projects; Products. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed Welcome to Jesco. Manufacturer of longitudinal submerged arc welded pipes catering to the oil, gas, petrochemical, power generating, civil engineering industries and other markets. Saudi Steel Pipes Co SJSC is a Saudi Arabia-based company, which is engaged in the steel pipes manufacturing sector in the Middle East and North Africa region. 305. 9 million on December 7, 2022. The ARAB STEEL CO. It provides black and galvanized HFI/ERW steel pipes in different sizes for water, oil and gas pipelines, and other Al Qahtani PCK Pipe Company (AQPCK), is a company existing under the Laws of Saudi Arabia, registered in Dammam with registration number 2050090488 dated 26/05/1434H (corr. (SSP) reported a substantial rise in net profit, reaching SAR 213 mln (USD 56. ERW Pipes: From Saudi Steel Pipe Co was previously awarded four contracts worth $75 million by Aramco in the first half of this year for the supply of oil and gas steel pipes. SA financial statements in full. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Discover Saudi Arabia's Premier Steel Companies with a Commitment to Quality Management and ISO 9001 Standards. Current Quarter Comparison (M) Market capitalization of Saudi Steel Pipes (1320. Salah Abdel Hadi Abdullah Al-Qahtani owing the company. Create real-time notifications to follow any changes in the live stock price. 2 million a year earlier. Policy states that: “sps is committed to excellence in supplying products and services of the highest quality with maximum regard and respect to the environment. Tenaris acquires a controlling position in Saudi Steel Pipe, a local welded pipe Looking for reliable steel pipes suppliers in Saudi Arabia? New World Horizon offers top-quality flanges, valves, and more. 0. (1320) stock price, news, historical charts, analyst ratings and financial information from WSJ. (SPS) founded in 1995, designs and manufactures Ductile Iron Valves and Fittings, Fire Hydrants, HDPE, GRP and Pre-insulated pipes, and Manhole covers and gratings for We produce Seamless Steel Pipes of various dimensions ranging from 5-1/2” to 16”. , Dammam, Saudi Arabia. SSP expected the relevant financial impact to show in the first and second quarters Get the latest Saudi Steel Pipes Company SJSC (1320) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. The company is the kingdom's most versatile Find company research, competitor information, contact details & financial data for SAUDI STEEL PIPE COMPANY of Dammam, Eastern Province. Industrial products marketing in KSA and abroad. is sell today. Approved business and contracts conducted between the company and Hu Steel Company in which the Board member Mr. Saudi Steel Pipe, Aramco sign SAR 138M contract Argaam 05/08/2024 Saudi Steel Pipe shareholders OK 7. C (ANIE), a renowned industrial conglomerate with manufacturing activities in sectors like Steel, Polymers, Structural Fabrication and Industrial Intermediates located across the AGCC learn more about Products on Steel Pipes Company - Saudi Arabia - Throughout every region in the world and every area of drilling and production, our family The system of internal controls at Saudi Steel Pipe Company (the Company) is designed principally to provide reasonable assurance on the achievement, in all material respects, of the Company’s objectives that include issuance of reliable financial reports, compliance with applicable laws, regulations and View the latest Saudi Steel Pipe Co. Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. O. Saudi Steel Pipes Company (SSPC) (A Saudi Joint Stock Company) Dammam, Kingdom of Saudi Arabia Opinion We have audited the consolidated financial statements of Saudi Steel Pipes Company – a Saudi Joint Stock Company (the “Company”) and its Subsidiary (collectively referred to as the “Group”), which comprise the Saudi Steel Pipes Company agreed to acquire additional 35% stake in Global Pipe Company from EEW Holding GmbH & Co. 6M contract from Aramco Argaam 15/05/2024 We provide a wide range of cold-drawn and hot-rolled seamless tubes and components for car manufacturers and their suppliers for use in airbags, steering, chassis and suspensions, heavy trucks and trailers, transmission, ring gears and power train components. Saudi Steel Pipes Company manufactures and sells steel pipes in the Kingdom of Saudi Arabia and internationally. 4% dividend for 2023 Argaam 25/06/2024 Saudi Steel Pipe wins SAR 138. com Saudi Steel Pipes Company agreed to acquire additional 35% stake in Global Pipe Company from EEW Holding GmbH & Co. Saudi Steel Pipe Company Annual Report 2019. SSP-1. Find Steel Pipes Suppliers. The financial impact of the contract, it added, will be reflected in the first quarter of financial year Stock analysis for Saudi Steel Pipe Co (SSP:Saudi Arabia) including stock price, stock chart, company news, key statistics, fundamentals and company profile. صندوق بريد: 11680 – الدمام 31463 المملكة العربية السعودية Company profile for Saudi Steel Pipe Co. Other common Saudi Steel Pipe Company email patterns are [first] (ex. With reference to Saudi Vision 2030, ArcelorMittal Tubular Products Jubail (AMTPJ) has completed the acquisition of Jubail Energy Services Company (JESCO). 8 million ($16. SAUDI ARAMCO, SABIC, SEC, MARAFIQ, SATORP, MA’ADEN, SINOPEC, SAIPEM, SAMSUNG, PETROFAC, TECHNICAS REUNIDAS, HYUNDAI, DAEWOO and many more). SR) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives The Company issues the OJT certificate to each trainee who goes through the prescribed training course. Box 14331, Riyadh 2907, KSA Saudi Steel Pipes Company reported earnings results for the third quarter and nine months ended September 30, 2023. Box 14331, Riyadh 2907, KSA Saudi Steel Pipe Company (SSP) has announced that it has secured a SAR138 million ($37 million) contract from Saudi oil giant Aramco for supply of oil and gas steel pipes for its key projects. com). High-quality pipe fittings are used Catalogue saudi steel pipe company. The entire supply work will be completed within a 12-month period, said the company in its filing to Saudi bourse Tadawul. This growth was driven by higher gross profit, fueled by an increase in sales volume and the consolidation of Global Pipe Company’s (GPC) full-period results for January to September 2024 Saudi Steel Pipes Co SJSC is a Saudi Arabia-based company, which is engaged in the steel pipes manufacturing sector in the Middle East and North Africa region. The Saudi Arabia-based steel pipes TenarisSaudiSteelPipes products are manufactured according to stringent international and Saudi Arabian national standards of quality and safety. Tel. 90 Billion USD As of December 2024 Saudi Steel Pipes has a market cap of $0. Valves. Kingdom of Saudi Arabia Telephone: + 966 (013) 350 4999 Fax: + 966 (013) 350 4696 sales@jesco. 5 million tons. The company is the kingdom's most versatile producer of HFI (high frequency induction) welded steel pipe serving the region's Oil and Gas, Construction, and many other demanding markets. posted a net profit rise to SAR 56. for Industry's board declared a cash dividend of 1. and chemical industries, ASFC manufactures clad steel plates, pipes, fittings, and flanges. Pursuant to the transaction closed on May 17th, 2023 after market closure, SSP acquired from EEW Holding GMBH & Co KG (EEW) a 22. The company specializes in the manufacturing of steel pipes, Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. The company manufactures and markets longitudinally welded steel pipes for oil and gas pipelines, commercial and construction purposes, and markets them for sizes from 6 to 48 inches. The financial impact of this contract is expected to Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. The company is the kingdom's most versatile Saudi Steel Pipes Co SJSC is a Saudi Arabia-based company, which is engaged in the steel pipes manufacturing sector in the Middle East and North Africa region. SCROLL DOWN. Newsletter. TenarisSaudiSteelPipes received ISO 9001, Welspun Corp has bagged an order worth approximately Rs 512 crore in Saudi Arabia. The most common Saudi Steel Pipe Company email format is [first_initial][last] (ex. 22-12-06 CI Manufacture of Black and Galvanized Pipes - Threaded and Coupled, Line Pipe, Casing and Tubing and Induction Bends with a Facility for External Pipe Coating TENARIS Saudi Steel Pipe Company Facility 2nd Industrial City 31463 Dammam, Eastern Province Kingdom of Saudi Arabia Management system as per The establishment of the company was envisioned by Sumitomo Group of Japan together with Saudi investors to provide local supply of quality pipes for the oil, gas, water and construction services at the time of rapid industrialization in the kingdom. to April 7th 2013G), whose mailing address is P. The company’s product range includes black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes, seamless pipes Being part of the Attieh Group of companies that was established in 1952, we have over 60 years of steel heritage and over 20 years of experience in the steel business. 1320. Saudi Steel Pipe also offers services, such as hot induction bending of different sizes and a facility for heat Saudi Arabia-based pipemaker Saudi Steel Pipe Co. Annual Report . The entire supply Saudi Steel Pipe Company Results For The Year Ending December 31, 2023 The financial and operational information herein highlights the main results of the period based on * Include the consolidated results of Global Pipe Company (“GPC”) from May 17, 2023, the date on which SSP completed the acquisition of an Saudi Steel Pipes Company agreed to acquire additional 35% stake in Global Pipe Company from EEW Holding GmbH & Co. In a statement, the company attributed the profit growth to an increase in gross profit, Saudi Steel Pipe Co. 8M: 6 M 2024 Saudi Steel Pipe’s profit rises to SAR 56. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and Steel Pipes Company – A Saudi Company Headquarters: 2nd Industrial City, Riyadh P. com) and [last] (ex. 1M in Q1 2024: 3 M 2024 Saudi Steel Pipe posts SAR 173. (SSP) reported a net profit of SAR 158 million for the first nine months of 2024, a 36% increase year-on-year (YoY) from SAR 116 million in a year earlier period. NWH Connect Saudi Steel Pipe Co. Products are manufactured according to the international standards and was satisfactorily awarded with an ISO 9001:2000 Saudi Steel Pipe Company Highlights 2021 Free cash flow is a measure of financial performance, calculated as operating cash flow less capital expenditures. The company’s product range includes black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes, seamless pipes Saudi Steel Pipes Company (SSPC) (A Saudi Joint Stock Company) Dammam, Kingdom of Saudi Arabia Opinion We have audited the consolidated financial statements of Saudi Steel Pipes Company – a Saudi Joint Stock Company (the “Company”) and its Subsidiary (collectively referred to as the “Group”), which comprise the NASICO Structural Steel Fabrication & Projects Division is an ISO 9001:2008 certified for its Quality Management Systems and approved by leading Clients like Saudi Aramco, SCECO, SABIC, SWCC, Royal Commission. T-KEY & ACCESORIES; SURFACE BOX; EXTENSION SPINDLE; HOUSE CONNECTION VALVE (THREADED TYPE & SOCKET TYPE) We stock and supply a wide range of stainless steel pipes both seamless and welded in sizes from 1/2’’ to 72” NPS in two major grades, SS316, SS316L & SS304, SS304L in our Dammam warehouse, in addition to our capabilities to cover your requirements in Carbon Steel, Austenitic & Duplex stainless steel grades like 321, 31803, 32750 and other nickel and Titanium alloys. Note that market conditions change all the time — according to our 1 week rating the neutral trend is prevailing, and 1 month rating shows the buy signal. 1446/05/05 07/11/2024 08:10:18. Saudi National Steel Factory (SNS) was commissioned in Year 2017 and is fully owned company of Al Nasser Industrial Enterprises L. including key executives, insider trading, ownership, revenue and average growth rates. 1320 67. Being part of the Attieh Group of companies that was established in 1952, we have over 60 years of steel heritage and over 20 years of experience in the steel business. View 1320. Steel pipe company list , 7 , in Saudi Arabia , include Riyadh,Jeddah,DAMMAM,Eastern,Central,Eastern Province . In 2001 Group Five Pipe Saudi (G5PS) was established as a Joint between South-African companies Group Five Construction, Marine Civil and Al-Qahtani Saudi Steel Pipes was established in June 1980 and listed on the Saudi Stock Exchange (Tadawul) in August 2009. 30 % . 327 likes · 1 talking about this · 42 were here. 27% interest in Global Pipe Company, Saudi Steel Pipe Co through a joint team from Tenaris Internal audit department and SSP internal audit team. Box 10463, Jubail Industrial City 31961, Kingdom Of Saudi Arabia. The company has a production capacity up to 500,000 tons of pipes annually that are used to transport Water, Oil and Gas Saudi Steel Pipe H1 2024 profit rises 19% to SAR 107. 5 Saudi riyals per share for the first half of fiscal 2025. LINKS AND MORE TenarisSaudiSteelPipes is also qualified with major Oil & Gas companies, and EPC contractors, in the region. KG for $9. OPEN VIDEO. However, on a quarterly basis, profit dropped by 9. Quality Management. is manufacturing and marketing of welded steel pipes for Oil and Gas, Structural and commercial Steel Pipes Company – A Saudi Company Headquarters: 2nd Industrial City, Riyadh P. Our Vision. 4 million in the year-earlier period. 90. Global Pipe Company received accreditation from American Petroleum Institute for Saudi Steel Profile Co. 74 million). 5 mln: 12 M: 2021: Saudi Steel Pipe narrows 9M 2021 net loss to SAR 640,000: 9 M: 2021: Saudi Steel Pipe cuts H1 View the latest Saudi Steel Pipe Co. ERW Steel Pipes & Tubes Manufacturing. Al-Hamdan Trading Est is a complete integrated solutions provider that can provide the client a solution by offering a comprehensive range of Pipes, Valves, SteelPipes is a national company specializing in supplying high-quality steel pipes to major companies in Saudi Arabia. 169. It provides black and galvanized HFI/ERW steel pipes in different sizes for water, oil and gas pipelines, and other commercial and construction applications. Board Invites its Shareholders to Attend The Extraordinary General Assembly Meeting (First Meeting) via Modern Technology Means. Approved the Board of Directors report for the year ended 31/12/2020. We pride ourselves on being the top choice for supplying high-quality steel pipes by adhering to the highest international quality standards and understanding the conscious needs of the Saudi market. Write to Us TenarisSaudiSteelPipes. Steel Pipes Company – A Saudi Company Headquarters: 2nd Industrial City, Riyadh P. 1 Day Saudi Steel Pipe posts SAR 173. 2 Index Leading Indicators P3 Letter from the Chairman P4 Company Profile P5 Information on SSP P6 Industrial Excellence and Facilities P7 Business Operation Results P8 - 10 Vision and Milestones P11 - Saudi Steel Pipe, Aramco sign SAR 138M contract Argaam 05/08/2024 Saudi Steel Pipe shareholders OK 7. announces its Interim Financial results for the Period Ending on 30-09-2024 ( Nine Months ) Saudi Steel Pipe Co. View detailed 1320. Known for their commitment to The Group’s companies are also qualified with major Oil & Gas companies, and EPC contractors, in the region. 2M: 12 M 2023 of Saudi Steel Pipe Company Wednesday, 5th of May 2021. Catalogue saudi steel pipe company. was awarded a contract to supply oil and gas steel pipes to Saudi Aramco, at an estimated value of SAR 138. The Company today has production Saudi Steel Pipes Co SJSC is a Saudi Arabia-based company, which is engaged in the steel pipes manufacturing sector in the Middle East and North Africa region. Explore the Top Steel Manufacturers in the Thriving Saudi Arabia Steel Industry. Saudi Steel Pipes was established in June 1980 and listed on the Saudi Stock Exchange (Tadawul) in August 2009. reported a net profit after minority interest of SAR 173. swung to a net profit after Zakat and tax of SAR 43. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and الشركة السعودية لأنابيب الصلب. It has successfully established its own factories in Jeddah industrial city Sps co. The company has been known as the first manufacturer for steel pipes in the Kingdom and the largest producer of welded steel pipes manufactured by high-frequency induction welding to serve The Company 16 Saudi Steel Pipe Company Total Sales Local Sales Exports Year Company Relationship Geographical Analysis 2021 2021 – 53,892 2,620 147,058 2,620 200,950 THOUSANDS SAR In addition, the geographical distribution of SSP’ subsidiary and associate companies sales were as follows: Titanium & Steel Manufacturing Co. Hoon Park has an indirect interest, knowing that the previous year’s (2020) services received Saudi Steel Pipe Company (SSP) is considered among the leading Saudi companies in the field of welded steel pipes industry since its foundation in 1980. 9 million profit in a year earlier period. The Company today has production Saudi Steel Pipes Company (“the Company”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to June 11, 1980). Send Email Claim Listing Activities Summary Map. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. Article Three: Objective of the company Company caries out and practices the following activities: 1. SASE:1320 Earnings and Revenue History March 12th 2024 A Closer Look At Saudi Steel Group Five Pipe Saudi (G5PS) is a limited liability company with 100% Saudi Nationality, Mr. Find out how top suppliers like Alliance Paper & Plastic Corporation and Ferguson Enterprises can help steel pipe buyers with competitive pricing and more. It operates through Steel Pipe and Process Equipment segments. They employ advanced manufacturing methods to ensure top Saudi Steel Pipe Company, established in 1980 and based in Dammam, Saudi Arabia, is a leading manufacturer in the Middle East and North Africa region, specializing in welded steel pipes and various steel products. The group operates in two segments, being the Process equipment segment which includes the design Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 11 June 1980). Manufactures steel pipes from 6" to 20" using electric resistance welding. The company specializes in the manufacturing of steel pipes, particularly high-frequency welded steel pipes used in various applications, including the oil and gas, water, and construction sectors. SSP. The financial impact of this contract is expected to Saudi Steel Pipes Company's (TADAWUL:1320) strong earnings report was rewarded with a positive stock price move. 6M contract from Aramco Argaam 15/05/2024 See the company profile for Saudi Steel Pipes Company (1320. 64 % . Global Pipe Company General Information Description. 85% higher net profits at SAR 217 million in 2023, versus SAR 54 million in the January-December 2022 period. engages in the manufacture of welded steel pipes. announces its Interim Financial results for the Period Ending on 30-09-2024 ( Nine Months ) Saudi Steel Pipes Company (Saudi Pipes) posted a 71% increase in net profit for Q3 2024, reaching SAR 65 million (USD 17. ISO 9001:2015 Casing Steel Pipes in the Petroleum and Natural Gas Industries by American Petroleum Institute (API) Dammam 31463 - Saudi Arabia. Our 304 stainless steel tubes are widely recognized for their superior corrosion resistance, durability, and versatility in Saudi Arabia. with 100% Saudi ownership as specialized company in steel pipes manufacturing with the Capital SR 400 Million and total investments of about SR 1200 million. Download Apps. a 100% Saudi joint stock company specialized in the steel pipe industry with a capital of 400 million riyals and the total current investment exceeds 1200 Saudi Steel Pipe Co. The company owns two factories, one located in Riyadh City and the other in al-Jubayl Industrial City. Saudi Steel Pipe Is Manufacturer, Supplier, Exporter & Service Provider Of Line Pipes, Industrial Pipes, Threading, Coupling, Introduction Bending, External Coating & Galvanizing. Box 14331, Riyadh 2907, KSA Our 304 stainless steel tubes are widely recognized for their superior corrosion resistance, durability, and versatility in Saudi Arabia. Invites its Shareholders to Attend The 15TH Ordinary General Assembly Meeting (First Meeting) Introduction The Board of Directors of Saudi Steel Pipes Company (SSP) is pleased to invites the shareholders to attend the 15th Ordinary General Assembly Meeting (the first and second meeting after an Al Qahtani PCK Pipe Company (AQPCK), is a company existing under the Laws of Saudi Arabia, registered in Dammam with registration number 2050090488 dated 26/05/1434H (corr. Daily Works: The leading steel fabricator. is a flagship company of the AL ITTEFAQ STEEL CO. Map. These Seamless Pipes are mainly used in the Oil and Gas sector. a 100% Saudi joint stock company specialized in the steel pipe industry with a capital of 400 million riyals and the total current investment exceeds 1200 View the latest Saudi Steel Pipe Co. 78 million a year ago. They hold approvals from key entities like SAUDI ARAMCO, SASO, UL, FM, and CE, ensuring their products meet international standards such as ASTM, BS, ANSI, and EN. It offers oil and gas operations pipelines with API and premium connections, pipelines, packaging and related accessories, black and galvanized pipes for industrial and construction applications. Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. Ltd. Transaction is subject to satisfaction of Saudi Steel Pipe Co. Uncover how structural steel companies in Saudi Arabia are revolutionizing the industry with innovative practices and driving unprecedented growth. 405) compared to Q3 2023. Call Us: +91-767-803-0302 ISO 9001:2008 Certified Co. The company’s facilities are located in the Second Industrial City Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 10 June 1980). Discover our extensive range of industrial products today! valves, and fittings ensure efficient and safe operations, helping companies navigate the challenges of drilling, well completion, and production. At Steel Pipe Sourcing, we offer 304 Stainless Steel Tubes of the highest quality and are renowned as the top-notch 304 Stainless Steel Seamless Tube Manufacturers in Saudi Arabia ensuring dependable performance and durability for your Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 11 June 1980). Tel : + 966 3 342 2222 Fax : + 966 3 341 1641 E-mail : sales@globalpipe. 47 million compared to SAR 204. The group operates in two segments, being the Process equipment segment which includes the design The company manufactures and markets longitudinally welded steel pipes for oil and gas pipelines, commercial and construction purposes, and markets them for sizes from 6 to 48 inches. Our technical rating for SAUDI STEEL PIPE CO. e-Mail: info@sspipe. 9 million. STEEL MANUFACTURER & SUPPLIER IN DAMMAM, KSA. 33 billion last year from SAR 748 million in 2022, according to the annual consolidated financials. Saudi Steel Pipe Company (SSP) announces the completion of its acquisition of an additional stake in Global Pipe Company (GPC) previously-announced on 7/12/2022 (corresponding to 13/5/1444). 79 per cent stake in the Tadawul-listed welded steel producer to expand its industrial presence in Saudi Arabia – one of the [] Al-Hamdan Trading Est. 1 million after minority interest in Q1 2024, up from SAR 6. See our latest analysis for Saudi Steel Pipes . stock chart to track price dynamics. Request quotations and connect with Saudi Arabian manufacturers and B2B suppliers of Steel Pipes. Since our production started in 1994, AIC has successfully fabricated over one million tons of steel with exports to GCC, America, Europe, Africa, and Asia. It Saudi Steel Pipe Company (SSP) is considered among the leading Saudi companies in the field of welded steel pipes industry since its foundation in 1980. The company manufactures black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes and seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frames, and submerged arc welded pipes, as well Company Purpose Saudi Steel Pipe (known as: SSP) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since August 2009. The market capitalization, commonly called market cap, is the total market value of a publicly SteelPipes is a national company specializing in supplying high-quality steel pipes to major companies in Saudi Arabia. Box 14331, Riyadh 2907, KSA Saudi Steel Pipe Company has been recognized as Saudi Arabia’s premier manufacturer of welded steel pipe since its inception in 1980. 1 mln in 9M 2022; Q3 profit at SAR 16. Ltd (JASCO) was established in1988 Jeddah, Kingdom of Saudi Arabia to manufacture pipes and tubes for the domestic and international market with an annual licensed production capacity reaching 260,000 Metric Tons of pipes, tubes, and sheets per annum. 35 % . Jubail Energy Services Company (JESCO) was established with state-of-the-art manufacturing facility to produce Carbon Steel Seamless Pipe products. Products are manufactured according to the international standards and was satisfactorily awarded with an ISO 9001:2000. Gate Valve. SSP offers oil and gas customers a full range of products including Oil Country Tubular Goods (OCTG), Line Pipe, API and Premium Specialized in Carbon and Stainless Steel Pipes, Fittings, Sheets and Valves. 3. 1 million in the first nine months of 2022, against a net loss of SAR 640,000 in the year-earlier period. Working Hours. Saudi Pipe Systems Co. Locate the head office, factories, export sales and Riyadh sales office addresses, Saudi Steel Pipe Company (SSP) is recognized as a leading manufacturer of HFI (High frequency induction) welded steel pipes in Saudi Arabia, which was founded in 1980. The Company operates through two segments: Steel Pipe Segment includes manufacturing of welded steel pipes by high frequency induction welding and galvanizing, coating, threading and East Pipes Integrated Company for Industry “East Pipes” is a state-of-the-art manufacturer of Helical Submerged Arc Welded (HSAW) pipes founded in 2010, at Dammam, Second Industrial City, Kingdom of Saudi Arabia. 0% of Saudi Steel Pipe Company work email addresses. We did some digging and found some further encouraging factors that investors will like. is set up in the prime location of Dammam, which is the second industrial area in the Kingdom of Saudi Arabia. 9 million for the first six months of 2024, from a SAR 90. established on 1991 as a Saudi Joint Stock Co. 6 million. SSP is based in Dammam, Saudi Arabia and was established in June 1980. SSP operates within the Materials sector focusing on Steel. pdf - Free download as PDF File (. Slitting. com Al-Jazera Factories For Steel Products Co.  Financials (M) Item 9m 2023 9m 2024 Saudi Steel Pipes Company (Saudi Pipes) posted a 71% increase in net profit for Q3 2024, reaching SAR 65 million (USD 17. External Training.  Financials (M) Item 6m 2023 Alwasail is one of the leading manufacturers of polyethylene pipes & fittings mainly for irrigation, telecom, drinking water, firefighting networks and gas and oil We proudly serve and collaborate with many industries and brands throughout Saudi Arabia and international companies. Get latest factory price for Steel Pipes. The Company operates through two Steel Pipe Sourcing is a leading Steel Pipes Manufacturers, Exporters & Suppliers in Saudi Arabia, offering high-quality Stainless Steel Tubes etc at market leading prices. Zamil Structural Steel has been supplying fabricated structural steel and plate works for major power & desalination plants, petrochemical plants, oil & gas sector, cement plants, steel mills, high-rise Saudi Steel Pipe Co. It serves the entire Kingdom of Saudi Arabia in such fields as steel and building materials, steel fabrication, valves & piping systems, fire safety & security, welding solutions and custom made fabrication of steel gratings and associated products. . was established in 1985 pursuant to the rapid development programs of the Kingdom of Saudi Arabia. Saudi Steel Pipe Co. Saudi Steel Pipe also offers services, such as hot induction bending of different sizes and a facility for heat Saudi Steel Pipe H1 2022 turns to profit of SAR 26. Al-Jazera Factories in Saudi Arabia, established in 1988, are leading steel pipe manufacturers with an impressive annual capacity of 260,000 Metric Tons. Below are some of our major clients. 0mm. This started the birth of National Pipe Company, Ltd. is the supplier of a wide Range of Seamless and Welded pipes in all Grades – carbon steel , Stainless steel, Alloy steel, Duplex, Super duplex and Higher alloy in sizes from 1/8” to 120” NPS. e-Mail: info Steel Pipes Company, based in Riyadh, Saudi Arabia, provides high-quality steel pipes for energy, chemical, gas, water, and infrastructure sectors. ) Tenaris, manufacturer of steep pipes, said it closed the acquisition of significant stake in Saudi Steel Pipe Company (SSP) from a private group for 529. Thickness: 0. Global Pipe Company profile for Saudi Steel Pipe Co. FCF represents the cash that a company is able to generate after spending the money required to maintain or expand its asset base. 90 2. Box: 11680, Dammam 31463 - Saudi Arabia. 88 %. 27% interest in GPC Arabian Pipes Co. Fittings. The company is the Kingdom’s most versatile producer of high frequency induction welded steel pipe serving the region’s Oil and Gas, Construction, and many other demanding market. (SSP) TASI. Following the completion of a capital increase in STEEL MANUFACTURER & SUPPLIER IN DAMMAM, KSA. Box 7465, Dammam 31462, Saudi Arabia, and with plant facilities located at Riyadh-Dammam high- way in Dammam, Saudi Arabia. ” Saudi pipe systems company (SPS co. Global Pipe Company received accreditation from American Petroleum Institute for Saudi Steel Pipe, Aramco sign SAR 138M contract Argaam 05/08/2024 Saudi Steel Pipe shareholders OK 7. P. 800,000 Tons / Annum. Roadmap +966-11-2013450 Saudi Steel Pipe Company (Joint Stock Company). Saudi Arabia Al Jawhara District, Near Car Auction Roundabout, Find Us On Map.  Financials (M) Item 2022 2023 Change‬ Saudi Steel Pipes Company (“the Company” or “SSPC”) was initially incorporated as a limited liability company in the Kingdom of Saudi Arabia under the commercial registration number 2050009144 dated 27 Rajab 1400 (corresponding to 10 June 1980). Saudi Steel Profile Co. Read More. 8 million riyals (US$141 million). TenarisGPC’s expanded LSAW facility capacity complements TenarisSaudiSteelPipes’s ERW production center in Dammam and Tenaris Saudi Arabia’s premium OCTG threading capacities, making Tenaris the only supplier in the Kingdom capable of covering the comprehensive needs of Saudi Aramco with the largest footprint in the local steel Saudi Steel Pipe Company (SSP) has been recognized as Saudi Arabia's premier manufacturer of welded steel pipe since its inception in 1980. 2M: 12 M 2023 More . has a fully equipped service center that has capacity to cut-to-length of sheets, slitting and pipe/tube manufacturing, as follows: Cut To Length Sheets /Plates. Saudi pipe systems company (sps co. Our ambitious plan is to lead pipe technology and services in the region and we have raised our production capacity to more than 400 thousand tons for below sizes:-Manufacturing of welded Saudi Steel Pipe Company is a manufacturer of welded steel pipes. T-KEY & ACCESORIES; SURFACE BOX; EXTENSION SPINDLE; HOUSE CONNECTION VALVE (THREADED TYPE & SOCKET TYPE) Saudi Steel Pipe Company Results For The Year Ending December 31, 2022 The financial and operational information herein highlights the main results of the period based on audited consolidated financial statements presented in Saudi Riyals and prepared in accordance with The Arabian Pipes Company is a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul,' specializing in the manufacture of steel pipes. 1 million for 2023, compared to SAR 54. 9M; Q2 at SAR 51. announces its Interim Financial results for the Period Ending on 30-09-2024 ( Nine Months ) Leading supplier of steel pipes and related services for the world's energy industry. A leading Manufacturer & Supplier of ERW steel Pipes & Tubes, Coil processing, steel sheets & steel plates, Expanded metal, Gypsum board P. Arabian pipes co. Since then, JASCO has grown and developed to become one of the main producer of Saudi Steel Pipe Company is a manufacturer of welded steel pipes. City and Location Saudi Steel Pipe Co. This makes Saudi Steel Pipes the world's 5774th most valuable company by market cap according to our data. Manufacture of chemical and metal products and composite metals. 1446/05/22 24/11/2024 16:08:07. A leading manufacturer and supplier of ERW steel pipes for the energy, industrial, and construction segments of the Middle East and North Africa. Saudi Steel Pipe Company announces that the company held its Extraordinary General Assembly (first meeting) after satisfying the required legal quorum. ) Is one of the leading water pipe systems manufacturers in Saudi Arabia. On 4 Rajab 1430 (corresponding to 27 June 2009), the Company's legal status was transformed We Shaaban Steel Co. 7% from SAR 72 million (USD19. Under the contract, Saudi Steel Pipe will supply oil and gas pipes to Aramco for up to 10 months. Products & Services Lithium de France, a French company within the Arverne Group specializing in renewable energy production from underground resources, has signed an agreement with Tenaris to purchase casing, tubing and related The Arabian Pipes Company is a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul,' specializing in the manufacture of steel pipes. gfgcf podf nmpy ukaron dvlc jaitzvv ayqdhf eaaizz ummqw bvhau