Liberty Steel Makes Non-binding Offer For Thyssenkrupp Steel Unit
- Oct 16, 2020-
Liberty Steel Group. part of GFG Alliance Ltd. said last Friday that it has made a non-binding indicative offer o acquire Thyssenkrupp AG's steel operations.The U K-hased company said a possible combination between the two businesses would create a group that.as well positioned to tackle the challenges faced by the European steel industrv. The businesses are complementary with respect to assets, product lines. customers. and geographic footprint. Liberty Steel saidLiberty Steel said its nonbinding indicative offer, which is supported by a number of financial institutions, is subject to certain assumptions about the business. The company said it is open to intensify talks with Thyssenkrupp and would like to engage in further due dilicence to present a potential binding offer.There is no certainty that the discussions will lead to any agreement. Liberty Steel said
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.
1.Higher Working Pressure Capbility: Under same working pressure, the stress to the sprial welding seam is 75%-90% of striaght seam, so the sprial pipe can bear higher working pressure. Therefore, the wall thickness of sprial pipes can be 10%-25% less than stright seam pipes under same working pressure, saving costs for the material;
2. Good Precision: the tolerance of diameter is usually with in 0.12%, the deflection is less than 1/2000, and ovality is less than 1%, so the sizing and strenghtening works can be saved;
3. High Utilization: the sprial pipes can be continually produced, with less loss of cutting head and end, which can rise the utilization of 6%-8%;
4. Full Range of Sizes: the sprial pipes are ranging from small diameter to large diameter, easier operation than straight seam pipe;
5. Mechanization and Automation
Spiral Pipe Projects
Application of SSAW welding steel pipe
What we can do with SSAW welding steel pipe?
Spiral seam double surface submerged arc steel pipes are used widely in many field,such as fluid,petroleum and natrual gas transportation.Also there are some STANDARDS of PRODUCTS.
• API Spec 5L Line pipeand steel pipe standard;
• BG/T 9711.1-1997 Delivery of petroleum and natrual gasindustrial transportation steel pipe Technical conditions Part 1 Grade-A Steel Pipe;
• GB/T 9711.2-1999 Delivery of petroleum and natrual gasindustrial transportation steel pipe Technical conditions Part 1 Grade-B Steel Pipe;
• SY/T5037-2000 Spiral submerged are welding steel pipe forlow-pressure fluid deliverypipe.