About Saudi Steel Pipes CompanyLast updated on: 29 May 2020

Business Summary

Manufacture of welded and galvanized steel pipes and tubes. Through its main subsidiary, manufacture of heating, ventilation and air conditioning equipment.

Country of Incorporation

Saudi Arabia

Ownership Type

Publicly Listed

Established In

1980

Primary Sector

Industrial Manufacturing

Number of Employees

745

Stock Listing

ID	Stock Type	Currency	Exchange	Symbol
1320.SSE	Ordinary	SAR	Saudi SE	1320

Contact details

Primary address

Building: Saudi Steel Pipes Company Building
Street: 39th Street
Area: Dammam Second Industrial City
P.O. Box: 11680
Country: Saudi Arabia
City: Dammam
City Suffix: 31463

CONTACT

Tel: +966 13-812-2222
Fax: +966 13-812-1005
Email: info@sspipe.com
www.sspipe.com

Region

Eastern Province

Latest News

Saudi Steel Pipe widens losses in Q2

The rise in losses is attributed to a higher gross loss

Mubasher - 06 Aug 2020

Saudi Steel Pipe agrees oil deal

The production and financial impact for the contract are expected to materialize within the last quarter of 2020

Mubasher - 31 Dec 2019

Saudi Steel Pipe wins over $8.34mln contract

The production and financial impact of the deal will appear during the second quarter of 2020

Mubasher - 18 Jul 2019

Mideast Stocks: Saudi slips in wider Gulf falls ahead of holiday

Saudi's stock index was down 0.3%, with market heavyweight Al Rajhi Bank shedding 0.9% and Samba Financial Group dropping 2%

Reuters News - 27 May 2019

Mideast Stocks: Factors to watch on May 6

Here are some factors that may affect Middle East stock markets on Monday

Reuters News - 06 May 2019

More

AS&H in cooperation with Clifford Chance advises NCB on the largest bank merger in Saudi Arabia

The Transaction will be implemented through the merger of Samba into NCB which will result, upon its completion, in all of the assets and liabilities of Samba being transferred to NCB, and new shares in NCB will be issued to the shareholders of Samba

Press Release - 14 Oct 2020

AS&H in cooperation with Clifford Chance advises SABIC on the acquisition of a stake in Ar-Razi

Ar-Razi develops, owns and operates a methanol production complex in the Kingdom of Saudi Arabia

Press Release - 23 Oct 2019

Tenaris rebrands Saudi Steel Pipe

The decision follows the integration of SSP into the global commercial and industrial network of Tenaris, after the latter announced the closing of its acquisition of 47.79% of the shares in SSP on January 21, 2019

Press Release - 25 Jun 2019

Tenaris completes acquisition of significant stake in Saudi Steel Pipe

SSP’s facilities are located in the Eastern Province of the Kingdom of Saudi Arabia (KSA) and have a manufacturing capacity of 360,000 tons per year.

Press Release - 23 Jan 2019

AS&H in co-operation with Clifford Chance advises Tenaris KSA on the acquisition of 47.79% of the share capital of Saudi Steel Pipe Company

The transaction represents one of the first private sale transactions under the updated M&A Regulations of the Capital Market Authority

Press Release - 07 Oct 2018

All Press Releases

Schneider Electric launches "made in Saudi" labelled high quality low-voltage circuit breakers with new Riyadh-based manufacturing line

The first-of-its-kind production lines in Saudi Arabia are a part of Schneider Electric's aim to contribute towards achieving the goals of National Transformation Vision 2030 and align with the Kingdom's plans to upgrade the local energy sector

Press Release - Thursday 3 December 2020

Indian services industry lost some steam in November

India's manufacturing recovery also faltered last month as coronavirus fears weighed on demand and output

Reuters News - Thursday 3 December 2020

Sabic launches two new pharmaceutical grades

New product launch in local and global markets is another major enhancement of Sabic’s healthcare and hygiene portfolio

TradeArabia - Thursday 3 December 2020

Egypt's Juhayna Food Industries operating normally despite Chairperson's arrest

Safwan Thabet was arrested on Monday pending an investigation

Daily News Egypt - Thursday 3 December 2020

Intel's Habana starts to chip away at Nvidia in cloud with AWS deal

Habana's Gaudi AI training processor, launched in June 2019, has faster processing speeds

Reuters News - Wednesday 2 December 2020

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Financials

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Investor	Holding	No. of Shares	Last Update

Investor	Holding	No. of Shares	Last Update

Stocks	Last Price	% Change
ALYAMAMAH STEEL	26.000 SAR	-0.38
MEPCO	19.860 SAR	-2.46
ARABIAN PIPE	19.400 SAR	-1.02
AMIANTIT	23.940 SAR	0.00
SA FERTILIZERS	80.800 SAR	-0.25
NAMA CHEMS CO	35.000 SAR	-1.96

Saudi Steel Pipes Company (1320.SE)

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About Saudi Steel Pipes CompanyLast updated on: 29 May 2020

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