pipe production

Vallourec is winding down pipe production in Germany

The French company announced the decision to close two German plants in 2022

Vallourec expects EBITDA growth in the Q2 to €370 million

In 2023, as the company predicts, the indicator will reach €950 million – €1.1 billion

Wuppermann invests €40 million in increasing the capacity of the pipe plant in Austria

The construction of the new production line is planned to begin in 2024, and its launch is planned for 2025

Borusan Mannesmann had a net profit of $71.4 million in the first quarter

Sales revenue in January-March 2023 increased by 102.8% year-on-year

Tenaris expects a stable level of sales in the current year

In the first quarter, the company increased sales by 75% y/y

Benteler Steel/Tube will close its pipe plant in Switzerland by the end of 2023

One of the reasons was the unfavorable market situation

Chinese Xinxing invests $2 billion in steel plants in Egypt

Production is planned to be located in the industrial zone in the port of Ain Sokhna

Pipe production in Ukraine fell by 38% y/y in 2022

The dynamics were affected by logistical problems and restrictions on the electricity supply

Centravis launched the main processes at the Zakarpattia branch

In the near future, the company plans to start a full cycle of pipe production

Centravis is completing work on opening a new enterprise in Uzhhorod

The new production site will produce tubes for the cars' fuel systems

Centravis is working on opening a production site in western Ukraine

The company will specialize in tool tubes for the automotive industry