Saudi firm bags $14m contract to supply steel pipes to Uruguay 

The impact of the deal will reflect in the company’s first-quarter earnings next year.  (Shutterstock)
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  • The supply contract will run for three months, the company said in a bourse filing

DUBAI: The Saudi Steel Pipe Company has won orders worth SR52.4 million ($13.96 million) to supply steel pipes for oil and gas to Uruguay-based Tenaris Global Services.

The supply contract will run for three months, the company said in a bourse filing. 

The impact of the deal will reflect in the company’s first-quarter earnings next year.