Hyundai Steel to Setup Steel Pipe Subsidiary
Hyundai Steel’s BOD has approved the proposal to set up a steel pipe subsidiary to boost competitiveness by streamlining its business portfolio. Sep 26, 2023 Hyundai Steel, Korea’s Board has approved the proposal to set up a steel pipe subsidiary by the end of this year. The subsidiary is a part of efforts to boost […]
Surya Roshni’s Relentless Quest for Growth
Since its inception in 1973, Surya Roshni has transformed into an organization that has not only developed its lighting and consumer durables business but also built a stronghold in the steel pipes and strips business. With a combined capacity of about 12,15,000 MT per annum for steel pipes and strips, the company has consolidated its […]
Arabian Pipes Company Signs 2 Steel Pipe Supply Contracts Worth USD 85.86 Million & USD 11.46 Million
Arabian Pipes Company bagged two steel pipes supply orders, worth USD 85.86 million from Aramco and USD 11.46 million from China Geo-Engineering Corporation’s Saudi branch. APC will supply pipes to Aramco for 10 months and to China Geo-Engineering Corporation’s Saudi branch for 7 months. Jul 4, 2023 Arabian Pipes Company (APC) has signed supply contracts […]
Saudi Steel Pipe Company – Saudi Aramco Sign USD 80.47 Million Contract
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 […]
Hilco Industrial Acquisitions Partners for Disposition of Seamless Steel Pipe Production Lines of Vallourec Deutschland
Amsterdam-based Hilco Industrial Acquisitions, an operating company of US based Hilco Global, announced the strategic partnership for the sale and project management relating to the disposition and removal of all assets at Vallourec Deutschland GmbH, which are located at two production sites in Düsseldorf-Rath and Mulheim an der Ruhr. The assets to be sold are […]
East Pipes, Saudi Arabia, Contracted by Aramco to Supply Steel Pipes Worth USD 480 Million
East Pipes Integrated Co, Saudi Arabia, will supply USD 480 million worth of steel pipes to Aramco, Saudi Arabia. The product shall be applied to various key projects in the kingdom. East Pipes Integrated Co, Saudi Arabia, has been contracted by Aramco, Saudi Arabia, to manufacture and supply steel pipes worth USD 480 million. The […]
T&H Lemont Ships Second TIG Mill for Stainless Steel Pipe Production
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
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 […]
Surya Roshni Limited Approves INR 75 Crore Investment for New 72,000 TPA Steel Pipe Plant
The Board of Surya Roshni Limited recently approved the setting up of a new steel pipe plant for GP and CR coil/pipe manufacturing at Hindupur, Andhra Pradesh. With an investment of INR 75 crore through internal accruals, the mill is projected to have a production capacity of 72,000 TPA and commissioning is scheduled by March […]
SeAH GSI brings USD 240 million, 20,000 TPA steel tube production facility
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 […]
