As Demand Rises, Ohio’s Steel Mills S...

by tubelinks on 04/25/2012 - 08:59 pm
Tag: Press Release

The Ohio steel industry, led by a drilling boom in the gas and oil industry and a resuscitated demand for cars and light trucks, is growing again. Steel makers across the state are racing to keep pace with plans to add a total of two million square feet of production space at a cost of $1.5 billion.       

At the Timken Company’s mill at Faircrest Street, orders for steel from domestic and export markets plunged so low in May 2009 that the plant operated just four days that month.       

Nearly three years later, with demand for steel soaring and the Faircrest mill operating around the clock, Timken has started bu ...

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Aker Solutions Secures Umbilical Cont...

by tubelinks on 04/25/2012 - 09:02 pm
Tag: Product Release

Aker Solutions has signed a contract with Woodside Energy Limited for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. Contract value is undisclosed.

The scope of work includes project management, design, engineering, manufacturing and verification testing of two steel tube umbilicals at a total length of 17 kilometres. The contract also covers all associated ancillary equipment required for transportation to Australia and interface with the existing development.

"This contract highlights our strong presence for delivering world class products in the Australasian region and ...

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Man Group to Focus On Steel Pipe Manu...

by tubelinks on 04/25/2012 - 04:35 pm
Tag: Press Release

Man group is planning to exit its real estate business to focus on its core business of steel pipe manufacturing.The group, which has invested R350Cr in real estate via its subsidiary Man Infraprojects, will sell off its projects in 18 to 24 months, according to Financial Express.Founded in 2006, Man Infraproject is engaged in real estate management and development. It undertakes hospitality, residential, commercial, information technology park, and SEZ projects.

The Man Group promoted by the Mansukhani Family in the 1970s is a diversified group with its flagship company Man Industries (India) Ltd. It was incorporated in 1988; it commenced operations with the manufacturing of aluminium extr ...

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China Steel Output Hits Record High A...

by tubelinks on 04/24/2012 - 04:11 pm
Tag: Press Release

China’s daily crude steel output surged to a record of above 2 million tonnes in early April, sustaining last month’s rapid pace, although an industry group warned of a slow down in momentum due to moderating demand. A recent pickup in steel prices in China amid a seasonal recovery in demand spurred steelmakers in the world’s biggest producer and consumer to boost output.But analysts are wary about the strength of the recovery in demand, with steel prices struggling to rise amid signs that the overall economy is slowing down. China’s economy grew at its weakest pace in nearly three years in the first quarter.China’s crude steel production reached 2.031 million t ...

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