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Tube Bending CAD/CAM Software Also Ac...

by tubelinks on 09/16/2014 - 07:30 pm
Tag: Product Release

A new version of the TubeWorks tube bending CAD/CAM software, which now provides tubular metal fabricators with powerful pre-production tools for laser cutting as well as tube bending, is available from the tube bending machine manufacturer Unison.

Developed by the software consultancy 3DCompound, TubeWorks is a specialist add-in module for the popular SolidWorks mechanical CAD package. By combining powerful visualization capabilities with automatic code extraction and file generation, the software enables metal fabricators to substantially increase the productivity of their tube handling operations through optimal use of manufacturing data. The time that it takes to develop programs for CN ...

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Nucor Buying Gallatin Steel for About...

by tubelinks on 09/16/2014 - 06:07 pm
Tag: Press Release

Steel company Nucor is buying Gallatin Steel Co. for about $770 million, which will expand Nucor's footprint in the Midwest.

Taking out an anticipated tax benefit, the purchase price is approximately $630 million, the company said on Monday.

Nucor is purchasing ArcelorMittal and Gerdau's respective 50 percent stakes in Gallatin Steel. Gallatin's flat-rolled products mill is in Ghent, Kentucky. It has an annual capacity of about 1.8 million tons.

Aditya Mittal, chief financial officer of ArcelorMittal, said in a statement that the transaction is part of the company's strategy of selectively divesting non-core assets. Gerdau CEO Andre B. Gerdau Johannpeter said that Gerdau was selling its s ...

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Melewar Industrial Selling Steel Unit...

by tubelinks on 09/13/2014 - 08:01 pm
Tag: Press Release

Melewar Industrial Group Bhd (MIG) has proposed to dispose of its 100% stake in Melewar Steel Tube to Mycron Steel Bhd for RM70mil cash consideration.

MIG reported the corporate exercise would involve issuing 104.545 million new shares of 25 sen each in Mycron at an issue price of 44 sen per share amounting to RM46mil.

There were also be a novation of debt by MIG to Mycron in relation to an amount owing by MIG to MST amounting to RM24mil.

MIG said the disposal price was based on the equity value of MST, as appraised by an independent valuer, FHMH Corporate Advisory Sdn Bhd, ranging between RM60mil and RM71mil in its letter dated Aug 18.

Berg Pipe's Gulf Coast Steel Mills La...

by tubelinks on 09/13/2014 - 07:16 pm
Tags: Press Release, Projects

Two pipe manufacturing companies on the Gulf Coast have been contracted to make several tons of large diameter pipe for a natural gas pipeline project in Texas.

Mobile's Berg Spiral Pipe and its sister company Berg Steel Pipe in Panama City, Fla., subsidiaries of Germany's Europipe Gmbh, will jointly produce some 480,000 net tons of pipe for Energy Transfer Partners.

The more than 600 miles of pipe needed would be the steelmakers largest order in its 35-year history, officials said in a statement.

"Berg is in a very unique situation by being able to serve the North American market with both lighter wall, spirally welded pipe produced in Mobile and heavier wall, longitudinally welded pipe ...

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Milliken Expands Composites Business ...

by tubelinks on 09/05/2014 - 07:21 pm
Tag: Press Release

Milliken has announced the acquisition of the assets of Pipe Wrap Inc, a specialist in composite materials for pipe repair, by its subsidiary Milliken Infrastructure Solutions LLC.

Milliken, headquartered in Spartanburg, South Carolina, USA, is a supplier of speciality chemicals, floor coverings, and performance materials. The acquisition of Pipe Wrap expands its composites business and helps serve the growing oil and gas infrastructure repair market.

Pipe Wrap designs and manufactures composite pipeline repair systems to address structure rehabilitation of high pressure pipes. Its products include Pipe Wrap®, an easy to use leak repair system employing a resin impregnated fibreglass ...

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Dominion, Duke Propose $5B Pipeline

by tubelinks on 09/05/2014 - 07:05 pm
Tag: Projects

Dominion Resources, Duke Energy and other partners are proposing a $5 billion natural-gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.

Gas is being relied upon to generate more of the nation’s electricity in recent years because enormous new domestic supplies have drastically lowered its price and because natural gas burns cleaner than the nation’s other most-important fuel for electric power, coal.

The 550-mile project, called the Atlantic Coast Pipeline, would begin in Harrison County, W.Va., and stretch through Virginia and North Carolina to Robeson County, near the South Carolina bord ...

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Berg Pipe Secures Record-Breaking Order

by tubelinks on 09/02/2014 - 05:29 pm
Tags: Press Release, Projects

A recent boost in natural resource development in the U.S.has paid off big for Panama City-based manufacturing company Berg Steel Pipe Corp.

The company recently secured the largest order in its 35-year history, one that will ensure continuous production at both Berg Steel Pipe inPanama Cityand Berg Spiral Pipe in Mobile,Ala., through 2015.

“We are excited about several new pipeline projects on the horizon after a few slow years in the steel pipe market,” said Berg's Director of Sales Jonathan Kirkland. “The United States and Canada continue to develop their own natural resources, which creates demand for pipelines … to get the product to market.”

The order ...

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US based TMK IPSCO Cheers Ruling on O...

by tubelinks on 09/02/2014 - 05:23 pm
Tag: Press Release

US steelmakers are cheering the recent finding by the International Trade Commission that they’ve been harmed by cheap imports of steel used in oil and gas exploration. Mr Dave Mitch president and chief executive of Houston based TMK IPSCO said that “They have sent a clear message that we are open to trade from all, as long as it is fair which employs 350 at a plant in Wilder, Kentucky. It is unfortunate that we had to scale back operations due to the unfairly traded imports. On a level playing field, we can compete with anyone.”TMK was among nine companies that petitioned last year for trade relief, citing concerns that imports were sold at less than fair value in the Unit ...

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