South Korea’s SeAH and Aramco set up specialised steel project ...United Arab Emirates

South Korean steel giant, SeAH Group, has set up a joint venture (JV) with Saudi energy giant Aramco, to produce special steel pipes. According to a report in The Korea Economic Report, the JV will accelerate the expansion of the group in the Middle East. SeAH Changwon Integrated Special Steel Corp, the group’s special steel maker, will be involved in the project, which will be established in King Salman Energy Park (SPARK), the under-construction megaproject located between Damman and Al-Ahsa in the Kingdom’s Eastern Province. In October 2021, Baker Hughes began construction of its OFS regional hub at SPARK. It added that the factory will have an annual capacity of 17,000 tons. Constructio

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