Chinese pipe mill to start steel project overseas
According to former reports, China’s Tianjin Pipe Corp will soon start its project in the American state of Texas.
The project worth of US$1 billion will have the production capacity of 500 thousand tons of seamless steel pipe.
It’s known that the huge benefits to the local economy have attracted numerous bidders to compete for the project.
After months of painstaking study, San Patricio County, Mexico based company, was picked to hold the project.
Though the project had received a zealous welcome in the US, Tianjin Pipe Corp will still manage it carefully before reach the final agreement
News Date 11 Nov 2011 14:03:23 reported by Jason Qi