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Group Five Pipe Saudi

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Namestring
Group Five Pipe Saudi
Legal namestring
Group Five Pipe Saudi
Websiteurl
g5ps.com
Company typeenum
Public
Founded yearint
2001
Descriptiontext

Group Five Pipe Saudi (G5PS) is a Saudi Arabia-based manufacturer and supplier of large-diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes, headquartered in Dammam 2nd Industrial City on the country's East Coast. Founded in 2001 as a joint venture between South Africa's Group Five Construction, Marine Civil, and the Al-Qahtani Group, the company transitioned to 100% Saudi ownership under the Al-Qahtani family and is now an affiliate of AHQ Group (Abdel Hadi Abdullah Al-Qahtani & Sons), one of the top 100 conglomerates in Saudi Arabia. The company is publicly listed on Tadawul, the Saudi Stock Exchange.

The company's core offering is HSAW pipe in diameters ranging from 508mm to 3,000mm (20" to 118"), produced across five state-of-the-art production lines with combined annual capacity exceeding 700,000 metric tonnes, making it one of the largest HSAW mills in the MENA region. Manufacturing integrates longitudinal pipe forming, automated weld seam laser tracking, mechanical pipe-end beveling to API standards, and a quality assurance stack spanning hydrostatic testing, automatic ultrasonic testing (AUT), radiographic weld inspection, and full in-house laboratory testing (UTM, Charpy impact, DWTT, spectrometer). Products are certified to API 5L, ISO, ASTM, ASME, AWWA, BS, and customer-specific specifications including Saudi Aramco SAMSS and SWA M01.

G5PS operates a quote-based enterprise field-sales model targeting oil & gas, water transmission, and infrastructure/piling customers through direct relationships. The customer base is dominated by Saudi state-owned enterprises and mega-project developers — Saudi Aramco, the Saline Water Conversion Corporation (SWCC), National Water Company (NWC), NEOM, the Royal Commission for Jubail & Yanbu, MODON, and the Ministry of Water & Electricity — with most revenue concentrated inside Saudi Arabia. Pricing is project-tender based and not publicly disclosed; revenue is generated primarily through hardware sales of large-diameter pipe on multi-thousand-tonne project contracts. The company executed a SAR 176 million contract award for water transmission pipes at Ras Al Khair in April 2026 and returned 43% of capital as a cash dividend (SAR 4.3 per share) for fiscal year 2025.

Short descriptiontext

Group Five Pipe Saudi is a Saudi-based manufacturer of large-diameter HSAW carbon steel pipes, serving Saudi Aramco, SWCC, NWC, NEOM, and other Saudi state-owned enterprises in oil & gas, water transmission, and infrastructure.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersDammam, Saudi Arabia
HQ citystring
Dammam
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
welded steel pipes, HSAW pipe manufacturing, large diameter pipes, carbon steel pipes, water transmission pipes
Industry4 codes
1Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube)
CodeIMAKABAIPrimaryYes
2Pipes & Tubing (Metal, Plastic & Composite)
CodeIMADALACPrimaryNo
3OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading)
CodeEUALABANPrimaryNo
4Mechanical Piping & Pipefitting (Process/Utility Piping, Supports, Valves)
CodeEUAEAFADPrimaryNo
NAICS code3 codes
  • Iron and Steel Pipe and Tube Manufacturing from Purchased Steel33121
  • Fabricated Pipe and Pipe Fitting Manufacturing332996
  • Iron and Steel Pipe and Tube Manufacturing from Purchased Steel331210
SIC code1 code
  • Steel Pipe & Tubes3317
Product category
Welded Steel Pipe Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Large Diameter HSAW Pipe Sales
TypeHardware Sales
Description

Manufacturing and sale of large diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes for water transmission, oil & gas, construction, and piling applications. Pipes are produced in diameters from 508mm to 3000mm (20'' to 118''). Revenue is generated through direct enterprise sales to major projects.

g5ps.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Group Five Pipe Saudi manufactures and supplies large-diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes in sizes from 508mm to 3000mm outer diameter (20" to 118") at its Dammam facility, supported by in-house HSAW/LSAW forming, mechanical beveling, automated weld seam laser tracking, ultrasonic and radiographic testing, hydrotesting, and a metallurgical laboratory. Pipes are produced under API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco SAMSS, and SWA M01 specifications for use in water transmission, oil & gas, construction, and piling applications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Annual production capacity exceeding 700,000 MT per year
+2 more records
Product overview1 text field

Group Five Pipe Saudi is the leading manufacturer of large diameter HSAW (Helical Submerged Arc Welded) pipes in the MENA region. The company operates five state-of-the-art production lines with an annual capacity exceeding 700,000 metric tons per year. The core product is Carbon Steel HSAW pipes for water transmission, oil and gas, construction, and piling applications. The manufacturing process encompasses pipe forming (LSAW), automated weld seam laser tracking, mechanical beveling, and comprehensive quality assurance including Automatic Ultrasonic Testing, Radiographic Test of Weld Seam, Hydrotesting, and Laboratory Equipment testing capabilities. The company produces pipes ranging from 508mm to 3000mm outer diameter (20'' to 118'') meeting international specifications including API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco's SAMSS, and SWA's M01.

Product and service1 record
1Large Diameter HSAW Carbon Steel Pipes
CategoryLarge-diameter welded steel pipe
Description

Helical Submerged Arc Welded (HSAW) carbon steel pipes in outer diameters from 508mm to 3000mm (20" to 118"), produced to API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco SAMSS, and SWA M01 specifications and sold to enterprise and government customers for water transmission, oil & gas pipelines, construction, and piling projects.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-09
Description

Esnad Al Turuq Contracting Company awarded a SAR 176 million contract to Group Five Pipe Saudi for water infrastructure pipes. The project execution is planned at Ras Al Khair, representing a significant water infrastructure project partnership.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global integrated steel pipe manufacturer and supplier of OCTG and line pipe products to the oil & gas industry. Competes with G5PS in Saudi Aramco supply chains and large-diameter line pipe segments.

TypeDirect peer
Description

Saudi welded steel pipe manufacturer producing HSAW and LSAW pipes for oil & gas and water transmission. Direct competitor to G5PS in the Saudi market with similar approvals and customer overlap.

TypeRegional player
Description

Saudi pipe manufacturer focused on ERW and spiral-welded pipes for water and construction. Regional peer sharing the Saudi customer base and competing on smaller-diameter and piling applications.

TypeBroad incumbent
Description

French-headquartered global leader in premium seamless and welded tubular solutions. Competes in MENA line pipe markets and serves many of the same oil & gas end customers as G5PS.

TypeOthers
Description

Sister company under AHQ Group providing pipe coating services. While not a manufacturing peer, it is adjacent in the value chain and represents a potential integration or competitive reference point for G5PS.

TypeBroad incumbent
Description

Turkish steel pipe producer with global operations in HSAW and ERW welded pipes for energy and infrastructure. Active exporter to MENA markets, competing with G5PS on price-sensitive tenders.

TypeDirect peer
Description

Saudi-based manufacturer of HSAW and ERW welded steel pipes serving oil & gas, water, and construction sectors. Directly competes with G5PS in the Saudi large-diameter pipe market with overlapping customer base (Aramco, SWCC).

TypeBroad incumbent
Description

Indian diversified pipe manufacturer producing HSAW, LSAW, and seamless pipes for oil & gas and water. Competes in MENA tenders and offers scale advantages similar to G5PS.

TypeBroad incumbent
Description

German-headquartered global leader in large-diameter HSAW pipe manufacturing for offshore wind foundations, pipelines, and structural applications. Competes with G5PS for large-diameter line pipe tenders in MENA.

TypeBroad incumbent
Description

Russian global pipe manufacturer supplying OCTG and line pipe to oil & gas markets worldwide. Competes with G5PS for large infrastructure tenders in MENA and broader emerging markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance13 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Group Five Pipe Saudi

Welded Steel Pipe Manufacturingg5ps.com

Group Five Pipe Saudi is a Saudi-based manufacturer of large-diameter HSAW carbon steel pipes, serving Saudi Aramco, SWCC, NWC, NEOM, and other Saudi state-owned enterprises in oil & gas, water transmission, and infrastructure.

What Group Five Pipe Saudi does

Group Five Pipe Saudi (G5PS) is a Saudi Arabia-based manufacturer and supplier of large-diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes, headquartered in Dammam 2nd Industrial City on the country's East Coast. Founded in 2001 as a joint venture between South Africa's Group Five Construction, Marine Civil, and the Al-Qahtani Group, the company transitioned to 100% Saudi ownership under the Al-Qahtani family and is now an affiliate of AHQ Group (Abdel Hadi Abdullah Al-Qahtani & Sons), one of the top 100 conglomerates in Saudi Arabia. The company is publicly listed on Tadawul, the Saudi Stock Exchange.

The company's core offering is HSAW pipe in diameters ranging from 508mm to 3,000mm (20" to 118"), produced across five state-of-the-art production lines with combined annual capacity exceeding 700,000 metric tonnes, making it one of the largest HSAW mills in the MENA region. Manufacturing integrates longitudinal pipe forming, automated weld seam laser tracking, mechanical pipe-end beveling to API standards, and a quality assurance stack spanning hydrostatic testing, automatic ultrasonic testing (AUT), radiographic weld inspection, and full in-house laboratory testing (UTM, Charpy impact, DWTT, spectrometer). Products are certified to API 5L, ISO, ASTM, ASME, AWWA, BS, and customer-specific specifications including Saudi Aramco SAMSS and SWA M01.

G5PS operates a quote-based enterprise field-sales model targeting oil & gas, water transmission, and infrastructure/piling customers through direct relationships. The customer base is dominated by Saudi state-owned enterprises and mega-project developers — Saudi Aramco, the Saline Water Conversion Corporation (SWCC), National Water Company (NWC), NEOM, the Royal Commission for Jubail & Yanbu, MODON, and the Ministry of Water & Electricity — with most revenue concentrated inside Saudi Arabia. Pricing is project-tender based and not publicly disclosed; revenue is generated primarily through hardware sales of large-diameter pipe on multi-thousand-tonne project contracts. The company executed a SAR 176 million contract award for water transmission pipes at Ras Al Khair in April 2026 and returned 43% of capital as a cash dividend (SAR 4.3 per share) for fiscal year 2025.

Group Five Pipe Saudi firmographics

Firmographics
Name
Group Five Pipe Saudi
Legal name
Group Five Pipe Saudi
Website
https://g5ps.com
Company type
Public
Founded year
2001
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Group Five Pipe Saudi is a Saudi-based manufacturer of large-diameter HSAW carbon steel pipes, serving Saudi Aramco, SWCC, NWC, NEOM, and other Saudi state-owned enterprises in oil & gas, water transmission, and infrastructure.
Ownership category
akta.pro rank

Group Five Pipe Saudi industry classification

Industry
Product category
Welded Steel Pipe Manufacturing
NAICS
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Fabricated Pipe and Pipe Fitting Manufacturing (332996), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210)
SIC
Steel Pipe & Tubes (3317)
akta.pro primary industry
Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)
akta.pro secondary industries
Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC), OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN), Mechanical Piping & Pipefitting (Process/Utility Piping, Supports, Valves) (EUAEAFAD)

Keywords

  • Welded steel pipes
  • HSAW pipe manufacturing
  • Large diameter pipes
  • Carbon steel pipes
  • Water transmission pipes

Where Group Five Pipe Saudi is headquartered

Location

Headquarters

HQ city
Dammam
HQ country
Saudi Arabia
HQ region
Middle East

Offices1 record

Markets served

Group Five Pipe Saudi business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

  1. Large Diameter HSAW Pipe Sales: Manufacturing and sale of large diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes for water transmission, oil & gas, construction, and piling applications. Pipes are produced in diameters from 508mm to 3000mm (20'' to 118''). Revenue is generated through direct enterprise sales to major projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Group Five Pipe Saudi product offering

Product offering

Core offering

Group Five Pipe Saudi manufactures and supplies large-diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes in sizes from 508mm to 3000mm outer diameter (20" to 118") at its Dammam facility, supported by in-house HSAW/LSAW forming, mechanical beveling, automated weld seam laser tracking, ultrasonic and radiographic testing, hydrotesting, and a metallurgical laboratory. Pipes are produced under API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco SAMSS, and SWA M01 specifications for use in water transmission, oil & gas, construction, and piling applications.

Product overview

Group Five Pipe Saudi is the leading manufacturer of large diameter HSAW (Helical Submerged Arc Welded) pipes in the MENA region. The company operates five state-of-the-art production lines with an annual capacity exceeding 700,000 metric tons per year. The core product is Carbon Steel HSAW pipes for water transmission, oil and gas, construction, and piling applications. The manufacturing process encompasses pipe forming (LSAW), automated weld seam laser tracking, mechanical beveling, and comprehensive quality assurance including Automatic Ultrasonic Testing, Radiographic Test of Weld Seam, Hydrotesting, and Laboratory Equipment testing capabilities. The company produces pipes ranging from 508mm to 3000mm outer diameter (20'' to 118'') meeting international specifications including API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco's SAMSS, and SWA's M01.

Differentiator

Problem solved

Functional benefit

Products and services

  • Large Diameter HSAW Carbon Steel Pipes Helical Submerged Arc Welded (HSAW) carbon steel pipes in outer diameters from 508mm to 3000mm (20" to 118"), produced to API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco SAMSS, and SWA M01 specifications and sold to enterprise and government customers for water transmission, oil & gas pipelines, construction, and piling projects.

Quantifiable outcome

  • Annual production capacity exceeding 700,000 MT per year
  • +2 more outcomes

Companies that use Group Five Pipe Saudi

Customer profile

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Group Five Pipe Saudi technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Group Five Pipe Saudi partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Esnad Al Turuq Contracting CompanycoreChannel Partner/ Reseller/ Distributor · 9 April 2026Esnad Al Turuq Contracting Company awarded a SAR 176 million contract to Group Five Pipe Saudi for water infrastructure pipes. The project execution is planned at Ras Al Khair, representing a significant water infrastructure project partnership.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Group Five Pipe Saudi competitors and assessment

Company assessment

Broad incumbents

  • Tenaris: Global integrated steel pipe manufacturer and supplier of OCTG and line pipe products to the oil & gas industry. Competes with G5PS in Saudi Aramco supply chains and large-diameter line pipe segments.
  • Vallourec: French-headquartered global leader in premium seamless and welded tubular solutions. Competes in MENA line pipe markets and serves many of the same oil & gas end customers as G5PS.
  • Borusan Mannesmann: Turkish steel pipe producer with global operations in HSAW and ERW welded pipes for energy and infrastructure. Active exporter to MENA markets, competing with G5PS on price-sensitive tenders.
  • Jindal SAW: Indian diversified pipe manufacturer producing HSAW, LSAW, and seamless pipes for oil & gas and water. Competes in MENA tenders and offers scale advantages similar to G5PS.
  • EEW SPC: German-headquartered global leader in large-diameter HSAW pipe manufacturing for offshore wind foundations, pipelines, and structural applications. Competes with G5PS for large-diameter line pipe tenders in MENA.
  • TMK (Pipe Metallurgical Company): Russian global pipe manufacturer supplying OCTG and line pipe to oil & gas markets worldwide. Competes with G5PS for large infrastructure tenders in MENA and broader emerging markets.

Direct peers

  • Arabian Pipes Company: Saudi welded steel pipe manufacturer producing HSAW and LSAW pipes for oil & gas and water transmission. Direct competitor to G5PS in the Saudi market with similar approvals and customer overlap.
  • Saudi Steel Pipe Company: Saudi-based manufacturer of HSAW and ERW welded steel pipes serving oil & gas, water, and construction sectors. Directly competes with G5PS in the Saudi large-diameter pipe market with overlapping customer base (Aramco, SWCC).

Regional players

  • National Pipe Company (NPC): Saudi pipe manufacturer focused on ERW and spiral-welded pipes for water and construction. Regional peer sharing the Saudi customer base and competing on smaller-diameter and piling applications.

Others

  • Al-Qahtani Pipe Coating Terminal: Sister company under AHQ Group providing pipe coating services. While not a manufacturing peer, it is adjacent in the value chain and represents a potential integration or competitive reference point for G5PS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Group Five Pipe Saudi social profiles

Digital presence

Group Five Pipe Saudi compliance and trust

Trust signal

Compliance13 records

Group Five Pipe Saudi financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Group Five Pipe Saudi leadership team

Management profile

Number of profiles

Group Five Pipe Saudi funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Group Five Pipe Saudi M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Group Five Pipe Saudi

What does Group Five Pipe Saudi do?

Group Five Pipe Saudi manufactures and supplies large-diameter Helical Submerged Arc Welded (HSAW) carbon steel pipes in sizes from 508mm to 3000mm outer diameter (20" to 118") at its Dammam facility, supported by in-house HSAW/LSAW forming, mechanical beveling, automated weld seam laser tracking, ultrasonic and radiographic testing, hydrotesting, and a metallurgical laboratory. Pipes are produced under API 5L, ISO, ASTM, ASME, AWWA, BS, Aramco SAMSS, and SWA M01 specifications for use in water transmission, oil & gas, construction, and piling applications.

Is Group Five Pipe Saudi a public or private company?

Group Five Pipe Saudi is a public company. It is classified as family owned and is currently operating.

When was Group Five Pipe Saudi founded?

Group Five Pipe Saudi was founded in 2001. It employs 501 to 1,000 people.

Where is Group Five Pipe Saudi based?

Group Five Pipe Saudi is headquartered in Dammam, Saudi Arabia, in the Middle East region.

How does Group Five Pipe Saudi make money?

One revenue line is on record: large Diameter HSAW Pipe Sales.

Who are Group Five Pipe Saudi's main competitors?

Broad incumbents on record are Tenaris, Vallourec, Borusan Mannesmann, Jindal SAW, EEW SPC and TMK (Pipe Metallurgical Company). Direct peers are Arabian Pipes Company and Saudi Steel Pipe Company. National Pipe Company (NPC) is listed as a regional player. Al-Qahtani Pipe Coating Terminal is listed as an others.

Does Group Five Pipe Saudi have an API?

No public API is recorded for Group Five Pipe Saudi.

What industry is Group Five Pipe Saudi in?

Group Five Pipe Saudi's product category is Welded Steel Pipe Manufacturing. Its primary akta.pro industry code is IMAKABAI, Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube), with a secondary code of IMADALAC, Pipes & Tubing (Metal, Plastic & Composite). Its NAICS code is 33121 and its SIC code is 3317.

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Contact sales
Live signals
ArgaamGroup Five, Aramco sign SAR 270.6M contractGroup Five Pipe Saudi Co. signed a SAR 270.58 million contract with Saudi Aramco for spiral-welded steel pipes. The four-month contract covers manufacture and supply for one of Aramco's projects, with financial impact expected in Q2 and Q3 2027.Simply Wall StHere's Why We Think Group Five Pipe Saudi (TADAWUL:9523) Might Deserve Your Attention TodayGroup Five Pipe Saudi's EPS grew from 1.38 to 5.17 in one year, and revenue rose 108% to 2.0b. Insiders hold a 27% stake worth 458m, aligning incentives. The company's improving profits and insider investment suggest a potential inflection point.ArgaamGroup Five shareholders OK 43% cash dividend for 2025Shareholders of Group Five Pipe Saudi Co. approved a board recommendation to distribute a cash dividend at 43% of capital, or SAR 4.3 per share, for 2025 during an ordinary general assembly held on June 14. The dividend was disclosed via a statement to Tadawul, Saudi Arabia's stock exchange.Shanghai Metals MarketMMi Daily Iron Ore Report (April 9)Kazakhstan and China have agreed to establish a $1.2 billion steel mill in Kazakhstan, developed by Fujian Hengwang Investment, with a planned capacity of up to 3 million tonnes per year and completion of the first phase by 2027. Separately, Group Five Pipe Saudi secured a SAR176 million contract from Esnad Al Turuq to supply HSAW steel pipes for a water infrastructure project in Riyadh, with completion expected by May.