Trade Resources Company News Zbal Elik Boru Has Announced That It Has Received an Order,Worth About $8.5 Million

Zbal Elik Boru Has Announced That It Has Received an Order,Worth About $8.5 Million

Turkish steel pipe producer zbal elik Boru has announced that it has received an order, worth approximately $8.5 million, from a domestic customer for spiral welded steel piling pipes.

The production of the order is scheduled to be completed in 2013.

As SteelOrbis previously reported, in 2012 zbal registered a net loss of TRY 6.1 million, decreasing from a net loss of TRY 11.17 million in the previous year due to technology investment, while the company's total sales revenues decreased by 13.5 percent year on year to TRY 101.12 million.

Source: http://www.steelorbis.com/steel-news/latest-news/turkish-pipe-producer-receives-large-steel-piling-pipe-order-747568.htm
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Turkish Pipe Producer Receives Large Steel Piling Pipe Order
Topics: Metallurgy