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 […]
