Essar Steel bags Rs. 400 Cr pipe orders [31 Aug 2012]

Essar Steel wins two sizeable orders from Middle East and Africa for manufacturing of API (American Petroleum Institute) grade steel pipes worth Rs. 400 crore.
The first order in Africa is for the construction of 4000 mt offshore line pipe application which will be used in a Chevron project. Customer from Middle East placed its second order with company for 45000 mt of 48 inch high grade coated pipes that are to be supplied in the coming quarter.
“This takes the total order book of the pipe mill to approximately Rs. 1000 crore indicating strong order inflow for the company,” a company statement said.

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