23
Jun
11:09
Tubacex to supply ADNOC, build Abu Dhabi plant
Tubacex has bagged a contract to supply over 30,000 tonnes of OCTG over ten years to Abu Dhabi National Oil Company (ADNOC). As part of the deal, the Spanish firm will build a new tube and thread manufacturing plant in Abu Dhabi, with commissioning scheduled in 2024.
The agreement was signed in Abu Dhabi during the “Make it in the Emirates” forum, which focused on boosting local manufacturing investment. ADNOC aims to grow production capacity whil…
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Very good overview of the weekly steel market.
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