Liberty Steel To Start Due Diligence On Thyssenkrupp Steel Business

- Dec 07, 2020-

Liberty Steel, which last month announced a non-binding indicative offer for Thyssenkrupp Steel Europe, will soon start looking into its financial records, it said."Liberty Steel will shortly beoin a detailed due dilicence and thus gain insight into key business data of Thyssenkrupo's steel business." Liberty said in a statementLast week, sources told that Thyssenkrupp was likely to give Britain's Liberty Steel, headed by metals tycoor Sanieev Gupta, access to the books of its steel unit.Gupta's hand has been strenothened due to consolidation talks between Sweden's SSAB and Tata Steel tha could result in a deal and potentially leave Liberty Steel as the sole bidder for Thyssenkrupp Steel EuropeThyssenkrupp, which confirmed it had agreed to open its books to Liberty, has said it aims to make a decision on whether to sell or keep its steel unit by March.A successful bid would cut Liberty Steel's reliance on up to 3 million tonnes of slab and hot rolled coil it needs to buy each year to feed its manufacturing lines. Thyssenkrupp's Duisburg plant, in turn, would be better utilized.

Product Description
Product Name
American Standard carbon steel pipe
Outer Diameter (OD)
457mm - 1422mm
Wall Thickness (WT)
8mm - 50mm
Length (L)
5800mm - 12300mm
API Spec 5L (PSL1 PSL2), ASTM A252, ASTM A672, GB/T9711, ISO3183 ect.
 Q235, Q345, A25, B, X42, X46, X52, X56, X60, X65, X70, X80, ect
 In bundles, Painting, Beveled edges, plastic caps ends, or as buyer's request.
The pipes are mainly used as long distance transportation pipeline for oil, gas, liquid coal etc.on land and offshore. And also can be applied as construction pipes on offshore platform, power station, petrochemistry and city construction etc
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Q: Are you trading company or manufacturer ?

A: We are factory.

Q: How long is your delivery time?

A: Generally it is 5-10 days if the goods are in stock. or it is 30-45 days if the goods are not in stock, it is according to quantity.

Q: Do you provide samples ? is it free or extra ?

A: Yes, we could offer the sample for free charge but do not pay the cost of freight.

Q: What is your terms of payment ?

A: 30% T/T in advance ,balance before shippment, or L/C at sight balance of copy of B/L