SeAH Steel Holdings signed a contract to supply 200,000 tons of steel pipes to the UAE for 5 years.
김지선
stockmk2020@alphabiz.co.kr | 2023-11-22 03:00:44
[Alpha Biz=(Chicago) Reporter Kim Jisun] Seah Steel Holdings announced on the 21st that it has signed a five-year contract with ADNOC, the largest state-run oil company in the United Arab Emirates (UAE), to supply 200,000 tons of API pipelines and CLAD steel pipes.
API steel pipes are used to transport crude oil and natural gas containing hydrogen sulfide. Clad steel pipes are steel pipes that combine different metals to combine only the strengths of each metal.
API steel pipes will be supplied by UAE producer UAE, while Clark steel pipes will be supplied sequentially by InNoxtek, an Italian special pipe producer, to the Tsunami & Garsha gas field from the first half of next year.
[ⓒ AlphaBIZ. 무단전재-재배포 금지]
많이 본 기사
- 1Samsung Electronics Labor Talks Collapse Again as Union Rejects “Industry-Leading” Compensation Proposal
- 2Korea Exchange Flags 76 Suspected Short-Selling Violations via Monitoring System
- 3Affinity Equity Partners Seeks Price Cut in Lotte Rental Deal Amid Antitrust Hurdles
- 4Naver Revises Dormant Account Policy for Mail Service to Cut Costs and Reduce Spam Traffic
- 5Naphtha Supply Risks Trigger Packaging Shortage Concerns Across Food and Restaurant Industries
- 6Court Dismisses Shareholder Derivative Suit Against DB HiTek Chairman Family Over Compensation Dispute