U.S. Steel Sells S1 Billion Worth Of Notes To Raise Capita

- Jun 10, 2020-

U.S. Steel is selling $1.05 billion in senior secured notes to raise capital during the COVID-19 pandemic.which greatly disrupted the steel business.The Pittshuuroh-based steelmaker said it intends to use the net proceeds from the offering to strenathen its balance sheet, increase licuidity and for general corporate purposesThe notes, which were sold at a price equal to 94.665% of their face value. come due in 2025. They pay interest semi-annually on June 1 and December 1 of each vear-U.S. Steel has struaaled after automakers and other customers closed up shop durina the covID-19 pandemic, posting a S391 million loss in the first quarterU.S. Steel issued Worker Adjustment and Retraining Notific ation Act or WARN notices saying it would temporarily lay offi up to 3,800 workers at the Gary Works and Midwest Plant mills in Northwest Indiana. The company said it anly expects to furlouoh a few hundred workers at its Northwest Indiana facilityThe steelmaker has taken other steps to shore up its balance sheet and hoard cash to get through the public health crisis, including granting Stelco Inc. an option to purchase a 25% stake in its Minntac iron ore mine for $100 million. which it could then acquire outright for a price of S600 million before 2027.


 SSAW Spiral Steel Pipe Large Diameter Pipe for Hydropower Projects 

 

Specification 

 

Production Spiral welded  Steel Pipe
 Brand TJEH
 Standard/Material  API 5L, API 5CT, SY/T5037, SY/T5040, GB/T9711.1, 
GB/T9711.2, A, B, X42-X80, L175-L555,L245NB, etc.
 Out Diameter 159mm-3200mm
 Wall  Thickness 3mm-30mm
 Length 5.8m-11.8m,or as customer's requirements.
 Place of Origin Tianjin, China
 Main Market Middle East,Africa,South-east Asia,USA,Canada,South America
 Technique SAW, ERW welyading etc.
 Usage 1.   Piling project
 2. Heat-supply project
 3.  Conveying drinking water,drainage,coal gas,fuel gas,mine slurry and other low & middle pressure fluids
 4.  API5L Petroleum and natural gas pipeline
 5.  Chemistry industry
 6.  Electric power engineering circulating pipe
 Package 1.Bundle packing or in bulk,
 2. Bevelled or plain ends as per buyer's request,
 3. Marks: as per customer's request,
 4.  Surface treatment: with or without varnish/2PP/2PE/3PE/3PP/FBE coating,
 5.  Metal or plastic protecting caps at pipe ends
 Delivery Timeabout 20days after receipt of irrevocable L/C at sight or 30% deposit T.T
Other products 1.   Spiral welded steel pipe
 2.  LSAW steel pipe
 3.  ERW steel pipe
 4.  Casing pipe
 External Coating FBE, 2PE, 3PE,3PP etc.
 Pipe end Plain end, beveled end, PVC covered and both ends capped ,threaded and coupled

 

Our Production line

 We have Four  production line with annual out put of 150.000 tons, And we have two fast production line for the urgent orders.

 

Surface treatment

External coating:  Anti-corrosion black or Varnish painting, epoxy coal tar enamel,  glass fiber 

cloth , Insulation Coating 3PE, 3PP, FBE, Polyurethane and so on

Internal lining: Epoxy , cement motar,  and according to customers requirement 

Tianjin Ehong high quality  Oil and Gas SSAW  Api 5L Carbon Spiral Welded Steel Pipe  penstock tube price

End treatment

Plain end/ bevel end/flanged 

Tianjin Ehong high quality  Oil and Gas SSAW  Api 5L Carbon Spiral Welded Steel Pipe  penstock tube price

Inspection

we have a strickly quality systerm, each order raw material test will be down before production, and Hydraulic test and X rays test doing for each pipe and with Mill Test certificate to the clients. 

Tianjin Ehong high quality  Oil and Gas SSAW  Api 5L Carbon Spiral Welded Steel Pipe  penstock tube price

 

Stock & Inventory 

Tianjin Ehong high quality  Oil and Gas SSAW  Api 5L Carbon Spiral Welded Steel Pipe  penstock tube price

Packaging & Shipping

 Tianjin Ehong high quality  Oil and Gas SSAW  Api 5L Carbon Spiral Welded Steel Pipe  penstock tube price

 

Our Services

Quality Assurance:

API ,  ISO certificates and Third party Inspection can be provided to  assure the quality of our products.  

Professional advantage:

More than 10  yearsprofessional producing experience and 9 years export experience to assure you the best service.

Price advantage:

We are manufacturer and we have our own factory, you can get a competitive price with high quality.

Service advantage:

Your inquiry will get reply at the earlist  time. and we will arrange you the factory visit and inspection test by person. 

Honor advantage:

 

We have engaged a lot of big projects and get good reputation from our clients.

Company Information

 

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.

FAQ

Q: Are u a manufacturer?

A: Yes, we are  with 3 factories in Cangzhou City.

Q: What is the difference between hot dip and pregalvanized galvanized irrigation pipe price?

A: In produce: hot dip galvanized galvanized irrigation pipe price is made from black galvanized irrigation pipe price and then do zinc coating.

                       pre galvanized galvanized irrigation pipe price made from pre galvanized steel strip.

    In zinc weight: hot dip galvanized 200-300g/m2

                            pre galvanized 30-150g/m2

Q:Can I have a trial order only several tons?

A: Of course. We can ship the cargo for u with LCL serivece.(Less container load)

Q: Do u have payment superiority?

A: For big order, 30-90 days L/C can be acceptable.

Q: If sample free?

A: Sample free, but the buyer pays for the freight.

Q: Are you gold supplier and do trade assurance?

A: We seven years cold supplier and accept trade assurance.