12,792.81 TRY BIST 100 BIST 100
50.93 EUR EUR EUR
44.08 USD USD USD
6.41 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
38.46 TRY Interest Interest
107.56 USD Fossil Oil Fossil Oil
5.75 USD Copper Copper
118.28 USD Silver Silver
100.32 USD Iron Ore Iron Ore
360.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,256.58 TRY Gold (gr) Gold (gr)
102.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Sinosteel signed an agreement with AMTPJ for a seamless steel pipe heat treatment line

Sinosteel has signed a new contract with AMTPJ to build a 200,000-ton/year heat treatment line and a 150,000-ton/year finishing line in Jubail, Saudi Arabia.

Sinosteel signed an agreement with AMTPJ for a seamless steel pipe heat treatment line

Sinosteel Equipment & Engineering Co., Ltd., a subsidiary of China-based Sinosteel International, has announced a new agreement with ArcelorMittal Tubular Products Al-Jubail (AMTPJ) to build a seamless steel pipe production line in Jubail, eastern Saudi Arabia.

Signed on July 29, the contract includes the construction of a 200,000-ton/year heat treatment line and a 150,000-ton/year finishing line. The facilities will produce pipes ranging from 114.3 mm to 406.4 mm in diameter, mainly for use in oil, gas, shipbuilding, and offshore construction.

Sinosteel and AMTPJ had previously collaborated on a pipe production line project with an annual capacity of 600,000 tons at the Port of Jubail. In that previous project, Sinosteel was responsible for equipment supply and installation. The contract, which was won after approximately one and a half years of negotiations, demonstrated the company's competitiveness in international tenders.

In the new project, Sinosteel will oversee the entire process, including design, equipment supply, installation, and commissioning. Some of the advanced production technologies will be provided by the company's global partner Tenova. The company, which has begun preparations, announced that it has established a special team to oversee the project's progress.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Al Jazeera Steel announced the official opening of its medium section steel mill in Abu Dhabi

Monday, March 9, 2026

The announcement date for the first CBAM certificate price has been confirmed

Monday, March 9, 2026

The European Fasteners Association reacted to the CBAM implementation

Monday, March 9, 2026

Turkish Exporters’ Assembly meets with EUROMETAL in Brussels

Monday, March 9, 2026

Ukraine has initiated an anti-dumping (AD) investigation on welded steel pipes originating from Türkiye

Monday, March 9, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now