Thyssenkrupp Could Open Books To Liberty Steel In Early December

- Nov 28, 2020-

Thyssenkrupp could give Britain's Liberty Steel access to the books of its steel unit as soon as next week, three people familiar with the matter said.Liberty Steel. headed by metals tycoon Sanjeev Gupta, last month unveiled a non-binding indicative offer for Thyssenkrupp Steel Europe, which the embattled conglomerate has put up for sale to cut losses and stop cash outflow.His hand was strengthened due to consolidation talks between Sweden's SSAB and Tata Steel that could result in a deal and potentially leave Liberty Steel as the sole bidder for Thyssenkrupp Steel EuropeThe company said last week 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 vear to feed its manufacturing lines. Thyssenkrupp's Duisbura plant, in turn, would be better utilizedA takeover is also expected to raise less antitrust scrutiny than a previously failed tie-up between Thyssenkrupp and Tata Steel, as both groups have limited overlap in their product portfolio and geographies.While Thyssenkrupp is strong in automotive and packaging steel - two major concerns when Brussels vetoed the Thyssenkrupp-Tata Steel deal - Liberty Steel is mostly active in construction and industrial manufacturing.Gunta's bid has drawn resistance from members of the IG Metall labor union He has said transformation processes would alwavs haonen "with the full engagement of our emplovees and their reoresentatives never against them".

Products Description

ASTM A252 Welded SSAW Spiral Steel Pipe, 32 inch Large Diameter , API 5L Ms Carbon HSAW for Transfer Water
Product Name
ASTM A252 Welded SSAW Spiral Steel Pipe, 32 inch Large Diameter , API 5L Ms Carbon HSAW for Transfer Water
Applicable Products
SSAW Steel Pipe, Linepipe, Pile Pipe
Outer Diameter
 8 inch-120 inch(219mm-3048mm)
Wall thickness
Normally 12 meters, up to 60 meters
API SPEC 5L, ASTM A53/A53M, ASTM A252, ASTM A36, EN10219, EN10296, EN10217, ISO3183, GB/T9711

Gr.B, X42, X52, X60, X65, X70, X80, S235JR, S275J0, S275J2, S355J0, S355JR, S355K2, SS400, STK290, STK400, STK490, STK500,
P235TR1, P265TR1, P235TR2, P265TR2
Section Shape
Round Hollow
Double-sided submerged arc welding, spiral forming
Plain end/Beveled, plastic or steel protective cap, welding flange

Surface Treatment
1. Varnish coating/oil
2. 3LPE, 3PP, FBE
3. Galvanized
4. According to clients requirement

bare in loose, plastic packaging, hemp rope binding
5 Metric tons
Tianjin & Hebei ,China
ISO9001, ISO14001, ISO18001, API 5L, API 5CT, CE, JIS
Delivery Time
Usually within 10-45 days after receipt of down payment (Big Qty shall be further discussed)
Product Application
Fluid, oil, petroleum, gas, water, steam, onshore, offshore, aboveground, underground, Structural

ASTM A252 Welded SSAW Spiral Steel Pipe, 32 inch Large Diameter , API 5L Ms Carbon HSAW for Transfer Water
Products Application
Company Profile

Products Processment
Packaging And Delivery
Enterprise Show
1.Are you a factory or trading company?We are a Chinese manufacture of steel pipes with both factories and trading companies.2.Can I get samples before order ?Yes, of course. Usually our samples are free. we can produce by your samples or technical drawings. 3. what is your delivery time ?The time of delivery is usually around 1 month. We can send out in 3 days if it has stock.4.What is your payment terms?Our usual payment term is 30% deposite, and rest against B/L. L/C is also acceptatble EXW, FOB, CFR, CIF.5.What do your factory do regarding quality control?We have gained ISO, CE,API authentication. From material to products, we inspect each process to keep good quality.6. How can you ensure what I got will be good ?Alibaba will act as our guarantor. If the product fails the inspection before leaving the factory, you can refuse to accept the goods.7. How do you make our business long-term and good relationship?We keep good quality and competitive price to ensure our customers benefit ; We respect every customer as our friend and we sincerely do business and make friends with them. No matter where they come from.8.How about MOQ?At least 5-10 tons for the unit dimension pipes and 1ton for stock pipes. Please feel free to leave us message if you have any question about us and our products.