Reportedly, Baosteel has announced to begin its first overseas seamless pipe plant in Thailand.
A new company formed as Baoli Steel Pipe which has been established by Baosteel and its partner Zhejiang Jianli Co, a bearing tube maker with annual production capacity of 500,000 tons based in eastern China’s Zhejiang province, according to data said.
In addition, one of the Thai projects which actually consist of a mill relocated from Jianli, expects to be commissioned by the end of March this year.
Meanwhile, the new seamless pipe plant will mainly produce OCTG including casing with couplings, plain-end casing, line pipes and mechanical tubing with altogether annual production capacity to reach 1.4 million tons, according to data from Baosteel.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62986&division=A4
