Saudi Steel Pipe Company – Saudi Aramco Sign USD 80.47 Million Contract

Saudi Steel

A contract has been signed between Saudi Steel Pipe Company and Saudi Aramco for the supply of oil and gas steel pipes worth USD 80.47 million. Aug 8, 2023 Saudi Steel Pipe Company has signed an agreement with Saudi Aramco worth USD 80.47 million to supply oil and gas steel pipes for a period of […]

T&H Lemont Ships Second TIG Mill for Stainless Steel Pipe Production

steel pipe

Custom manufacturer T&H Lemont has shipped its second TIG mill, out of two identical mills, to their longtime stainless steel pipe producing customer. The mills produce pipe diameters from 3/8 to 1.050 inches. The investment includes entry equipment for continuous operation.  Apr 12, 2023 T&H Lemont has recently shipped the second of two TIG mills, […]

Turkey’s Borusan Mannesmann Begins Negotiations on Europipe’s US Subsidiary Acquisition

borusan mannesmann

Turkey’s largest steel pipe producer Borusan Mannesmann’s US subsidiary, Borusan Mannesmann Pipe US Inc. has initiated negotiations with German steel pipe producer Europipe GmbH for acquisition of Europipe’s US subsidiary, Berg Europipe Holding Corp. Reportedly, a non-binding letter of intent was signed between the parties on March 2 and the necessary negotiations for a binding […]

SeAH GSI brings USD 240 million, 20,000 TPA steel tube production facility

SeAH and Spark

The upcoming facility will be the first of its kind stainless-steel seamless pipes and tubes production facility in Saudi Arabia, built on a 1,78,000 sq m area. The joint venture between Saudi’s industrial investments company Dussur and Korea’s steel manufacturer SeAH CSS is expected to begin operating in 2025. The SeAH GSI joint venture between […]

Steel Pipe Makers: Huge Stock Gainers as Govt. Encourages Infra Projects

steel pipe makers

The steel pipe manufacturers are all set to be greatly benefitted from the CAPEX investments by the central and state governments in the sectors such as oil & gas, petrochemicals, and so on. The steel pipe industry is amongst the top gainers in the stock market as there is huge demand generated by numerous sectors, […]

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