Amurrio, Spain-based group Tubos Reunidos has announced that in 2012 its core business, i.e., seamless steel pipe manufacturing, generated a net profit of €25.4 million and an EBITDA of €59.6 million. These figures respectively ...
The largest Russian pipe company TMK Group has stated that its Russia-based Seversky Tube Works plans in 2014 to launch a new line for the production of seamless pipes with a continuous rolling ‘fine quality mill’ (FQM) plant, ...
Tags: Seamless Pipe, Pipe, pipe company
It is reported that according to statistics released, Turkish seamless pipe imports reached almost 250,000 metric tons in 2012, owing to stronger demand from end-use sectors, such as automotive, HVAC installations, construction, naval ...
According to the data provided by the Turkish Statistical Institute (TUIK), in 2012 Turkey's seamless pipe imports amounted to 203,237 metric tons, decreasing six percent year on year. In 2011, the seamless pipe imports of the country had ...
Tags: seamless pipe imports, seamless pipe, steel
It is reported that Luxembourg-based tubulars producer Tenaris has announced to invest approximately US$1.5 billion to build new seamless pipe plant in Bay City, Texas. The new plant is designed the annual seamless pipe production ...
Tags: tubulars producer, seamless pipe plant, seamless pipe production
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 ...
Tags: Baosteel, seamless pipe, Steel Pipe
Japanese steelmaker JFE Steel Corporation has announced that it will supply 23,000 mt of API 5L X70-grade high strength electric resistance welded (ERW) steel pipe for Republic Of Mozambique Pipeline Investments Company (Pty) Ltd. (ROMPCO), ...
On Friday, the US Department of Commerce (DOC) announced the preliminary results of its administrative review of the countervailing duty (CVD) order on oil country tubular goods (OCTG) from China. The review covers two companies - Wuxi ...
Tags: DOC, Mineral, antidumping order
According to Chinese steel giant Baosteel, its Thailand-based subsidiary Baoli Pipe Co. produced its first seamless steel pipes on January 30, marking an important step in Baosteel's international development strategy in relation to steel ...
Tags: pipe production, pipe, steel giant
Turkey imported 25,428 tons of seamless steel pipes in last November, jumping by 68.3% from a month ago, according to data released by the Turkish Statistical Institute (TUIK). In last November, the country’s import revenues ...
Tags: Turkey, TUIK, seamless steel pipes
According to the data provided by the Turkish Statistical Institute (TUIK), in November 2012 Turkey's seamless pipe imports rose 68.3 percent compared to October and were more than double compared to November 2011, amounting to 25,428 ...
Tags: TUIK, seamless pipe, November 2012
Reuters reported that Borusan Mannesmann, Turkey’s leading steel pipe manufacturer, will invest USD 150 million in building a production facility in the United States. The company in a statement with the Istanbul Stock Exchange ...
Tags: steel pipe, Turkey, United States, steel market
In the Q3, revenue of the European division declined by 22% to USD 75 million compared to the prior quarter due to lower sales and pricing of seamless pipe as a result of challenging macroeconomic conditions that persist in the European ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, iron ore price news
OAO TMK, one of the world's leading producers of tubular products for the oil and gas industry, announced its interim consolidated IFRS financial results for the nine months ending September 30, 2012. 3Q 2012 Highlights In line with ...
Reportedly, Wheatland Tube, a subsidiary of JMC Group has agreed a joint venture with Michigan Seamless Tube in order to produce A106 seamless pipe into the US and Canada market. Accordingly, Michigan Seamless Tube will be able to ...
Tags: Tube, JMC Group, Seamless Tube