Handan Steel increases production volumes of pipeline steel
Handan Steel, a state-owned iron and steel enterprise and a subsidiary of Hebei Iron & Steel has enhanced its production volumes of pipeline products to nearly 130,000 tons over the first quarter of this year.
The products’ thickness is from 5.6mm~18.4mm for grades at L245, x42, x52, x60, x70, x80 and J55.
This expansion is expected to favor the company's earning margins and increase competitiveness in the pipeline industry as Handan Steel has mainly supplied its products to natural gas transmission projects within regions in China.
News Date 09 May 2012 14:26:13 reported by Bill Chen