JSPL To Sell Oman Unit For More Than S1 Billion

- Jul 01, 2020-

India's Jindal Steel and Power Ltd. (JSPL) said on Tuesday it is selling its Oman subsidiary to Templar Investments Limited in a deal valued at over S1 billion, to ease the group's debt burdenThe sale still needs to be approved by JSPL's shareholders and lenders as well as India's markets requlator.but JSPL said in a statement that it hopes it will be completed within a monthSellina Jindal Shadeed lron and Steel Co. LLC (JSIS Oman) is expected to reduce JSPL's overall debt burden by 60 billion-70 billion rupees (s794 million-s927 million), said Vidva Rattan Sharma, managing director at Jindal Steel & Power Ltd. "The domestic debt exposure is around 340 billion rupees." Sharma said.


Product Description




Spiral Steel Pipe
Steel Material
Q235, Q345, L245, L290, X42, X52, X60, X70, X80
Outer Diameter
168mm-2820mm
Wall Thickness
5mm-20mm
Length
4m-12m,or as customer's request.
Standard
API 5L, API 5CT, SY/T5037, SY/T5040, GB/T9711.1,L175-L555,L245NB, etc.
Certification
SGS, ISO9001
Technique
ERW
Usage
Fluid use (transport oil, gas, water etc), Mechanical use, Structural use
Our products

More details

Produce Process
Laboratory

We have own test lab to ensure the quality. The equipment can do the tensile test, yeild test along with elongation test. Move over the Sino Steel Impex have its own 5+ Quality Control team with 10+ years experence except the QC people in ites factories.

Factory

Cangzhou Steel Pipe Group (CSPG)Co.,Ltd.

No.92 JieFang East Road ,Cangzhou City, Hebei,P.R.China.

CSPG  has more than eighteen years history company which located in Lecong Iron and Steel World, a well-known steel distribution center in China, with superior geographical position and convenient water and land transportation. 


We are a direct-selling manufacturer specializing in the research and development of spiral steel pipes, steel spiral pipes, anti-corrosion steel pipes inside and outside. Since its inception, the company has been guided by a brand-new thinking of steel pipe product market based on the business philosophy of honesty, pragmatism and knowledge-seeking.


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FAQ
1.Are you trading company or factory?
We have our own production line and also is steel distributor
2.How is your Payment Term?
T/T,L/C AT SIGHT OR USANCE LC,D/P IS WORKABLE AFTER OUR INVESTIGATION
3.What's your delivery time?
Normally,it is about 15-30 days but we should delivery as soon as possible