Top Industry Leaders in the Welded Pipes Market
Welded Pipes Market
- October 2023- Welspun Corp (WCL) has bagged a contract to supply longitudinally submerged arc welded (LSAW) pipes and bends to the Middle East. The firm will execute this order from its facilities in Anjar, Gujarat. WSL will deliver around 61,000 MT of bare pipes and bends, which will be used for offshore production and transport of gas. The line pipes would be used for extreme sour service applications, thus making this project extremely challenging. By securing this contract, WCL has now received total orders of nearly 191,000 MT of line pipes to be executed from its India and USA facilities. With this latest award, WCL, as one of the top-line pipe manufacturers globally, is well-placed to secure further projects in the oil and gas segments in the international as well as domestic markets. The company is committed to providing engineering excellence and delivering innovative solutions that meet the unique needs of its clients.
- October 2023- A leading producer of high-quality steel tubes and pipes, Vibhor Steel Tubes Ltd., on October 20, disclosed the sorting of its Draft Red Herring Prospectus with SEBI. The business's offering contains a fresh issue of equity shares, grouping to a subject size of nearly Rs. 66.47 crore, via book-building path. There will be no Offer for Sale component. The business has assigned Khambatta Securities Limited as the Lead Manager to the Issue and KFIN Technologies Limited as the Registrar of the Subject. The organization will use its net profits from the problem to finance its functioning capital needs. The business's equity shares are offered to be registered on the NSE and BSE.
Key Companies in the Welded Pipes market include
- Arcelormittal (US)
- Evraz Plc (Russia)
- Napsteel (US)
- Sandvik AB (Europe)
- US Steel Tubular Products (US)
- Associated Pipeline Contractors Inc (US)
- Foshan Zhongde Stainless Steel Co. Ltd (Russia)
- Benteler International AG (Europe)
- Samuel Associated Tube Group (Europe)
- Marmon Keystone Canada, Inc (US).