01
Aug
13:13
Welspun sees project delays but strong local demand
Energy market volatility is delaying pipe-consuming projects, and intensified competition is a challenge; however, the opening up of new markets and strong domestic linepipe demand are positives. So says Indian pipemaker Welspun.
Welspun’s current pipe order book stands at 958,000 tonnes, with a 184,000t contract booked in the first fiscal quarter through June (FQ1) for a project in the Americas.
Consolidated pipe sales were flat on-year in FQ1 at 251,0…
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Anonymous
Very good overview of the weekly steel market.
Anonymous