Saudi Steel Pipe Company Ltd (SSP), which has been consolidating its local and overseas markets, registered a 75 per cent increase in the sales turnover in 2004 over the previous year, a company official said.

Sales and marketing manager Abdulaziz Al Dossary also said the company expected to perform strongly in 2005. The company realised sales of approximately SR350 million ($93.3 million) last year against SR200 million in 2003.
“Business prospects for 2005 appear to be better with huge projects coming up,” said Al Dossary.
Production of large-diameter pipes was 80,000 metric tonnes, with small-diameter pipes accounting for a similar volume, said Al Dossary. The total output was 70 per cent of production capacity.
The official said most sales came from pipes used in projects for the oil, gas and petrochemical industry. The second-fastest selling product was casing pipe followed by commercial pipes.
SSP claims it has more than a 45 per cent share of the Saudi market. It lists some of its main clients in the kingdom as Saudi Aramco, Sabic and SWCC. The company’s customer list includes a number of contractors.
The company’s main export markets are the GCC region, Sudan, Yemen and Syria. The company is targeting new markets in Egypt and Iran.
Last year the company penetrated the Sudanese market, supplying it API-grade pipes for the oil industry.
The company is a joint venture formed between Saudi business houses Rabiah & Nassar Co and Al Khorayef Sons Co, Saudi businessman Fahd Mohammed Al Saja and South Korea’s Hu Steel Pipe Company.
SSP has been recognised as Saudi Arabia’s premiere manufacturer of welded steel pipes since its inception in 1980. The company produces HFI (high frequency induction) welded steel pipes to serve the region’s oil and gas, construction and many other markets.
The HFI welded steel pipes emerge from four distinct production lines for sizes ranging from 16 inches down to half inch.
“A commitment to quality is readily visible in the investment made in sophisticated computer-control technologies allowing operators to monitor all critical welding variables on a real-time basis throughout the production cycle,” says SSP.
“This capability has been a key factor in SSP’s acceptance as a unique producer of welded steel pipe in the oil and gas sector.”
SSP has received approvals from API, Aramco, UL, ISO and the Royal Commission for Jubail and Yanbu.
The company is proud that it was the first in the kingdom to install an induction-bending machine capable of producing high-quality bends in pipes from 42 inches to 3 inches in diameter and wall thickness up to 100 mm. This investment was applauded by many of the region’s key consumers such as Aramco and Sabic.
Induction bending is a controlled high-precision bending of pipes and shapes under localised heating with high-frequency induction electric power. It is a flexible and versatile method to solve or simplify many difficult situations for mechanical and construction contractors in oil, gas and petrochemical plants and architectural structures. Induction bending serves as a substitute for elbows and fittings and helps to make new creative shapes.
The company’s raw materials come from Hadeed in Saudi Arabia and from Korea and Germany.
SSP markets its products through its main sales offices in Dammam, Riyadh, Jeddah and Qassim and through its network of reliable distributors in Saudi Arabia, the Gulf states, other Arab countries and neighbouring states.