Utkarsh India to Expand Capacity to 2,40,000 MT by FY 2024-25
Utkarsh India Ltd. is one of the leading manufacturers and suppliers of high-end engineering products and services in the infrastructure, agriculture and domestic water piping industry. Highly respected in both the government and infrastructure sectors, Utkarsh India brings along over 40 years of experience in high-end engineering and manufacturing, working with the leading raw material […]
Rama Steel Tubes Wins Orders Worth INR 6.7 crore
Rama Steel Tubes has received orders for the supply of steel tubular poles from PUVVNL and PVVNL. These orders will further scale up the manufacturer’s order book and credibility in the market. Rama Steel Tubes Ltd (RSTL), one of the leading manufacturers of steel tubes and pipes, has won orders from Purvanchal Vidyut Vitaran Nigam […]
Hariom Pipe Completes Setup of Electric Melting Furnace
With the expansion, Hariom Pipe Industries will be able to expand the production of MS Billets from 95,832 MTPA to 104,232 MTPA. December 3, 2022 Hariom Pipe Industries Ltd. (HPIL), a premium manufacturer of iron and steel products, has completed the setup of 15 tonnes electric melting furnace – as published in media reports. This […]
Steel Pipe Makers: Huge Stock Gainers as Govt. Encourages Infra Projects
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, […]
Saudi Steel Pipe Secures USD 25 Million Contract with Tenaris Global
In March this year, Saudi Steel Pipe signed a deal with Tenaris Global Services for the supply of steel pipes for the oil & gas sector. Saudi Steel Pipe Company (SSPC), Saudi Arabia’s premier manufacturer of welded steel pipes, has concluded their contract with Uruguay-headquartered Tenaris Global Services. The deal was about supplying oil and […]
Welspun’s East Pipes Wins INR 689 Crore Project for Steel Pipes in Saudi Arabia
Within the order, Welspun Corp’s associate firm East Pipes Integrated Company for Industry will manufacture and supply steel pipes to SWCC. The recent order follows the slew of other projects awarded by the SWCC of SAR497 million in March and SAR490 million in May this year. Welspun Corp Ltd has informed that its associate company, […]
Tenaris Takes Over Steel Pipe Producer Benteler
The deal between Tenaris and Benteler is expected to be closed during the fourth quarter of the current year. Luxembourg-headquartered Tenaris S.A. is going to take over 100 percent of the shares of the US-based steel pipe producer Benteler Steel/Tube, for about USD 460 million. Benteler Steel/Tube, part of the group company – Benteler North […]
US Cold Drawn Seamless Steel Pipes Market Report 2022 by Research and Markets
Increased offshore spending and new oilfield discoveries are expected to create significant growth opportunities for the players operating in the cold drawn seamless steel pipes market, as per the market research and analysis by Research and Markets. Research and Markets has released a new market research report, titled, “U.S. Cold Drawn Seamless Steel Pipes Market […]
Venus Pipes & Tubes to Invest in Capacity Expansions of Hollow Pipes
Venus Pipes & Tubes serves various diversified sectors & applications, and exports to twenty countries. Gujarat-based Venus Pipes & Tubes Ltd. has made a positive debut on the Bombay Stock Exchange (BSE) with the stock rising to INR 351 as compared to the issue price of INR 326. The Initial Public Offering (IPO) of the […]
Saudi Steel Pipe Wins a Deal Worth USD 25.8 Million from Aramco
As per the statement by Saudi Steel Pipe, the duration of the contract, which is valued at USD 25.80 million, would be for ten months. The steel pipe maker expects the deal to have its financial impact in the first half of 2023. The Kingdom of Saudi Arabia (KSA)-based Saudi Steel Pipe Company (SSPC) has […]
