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SEAMLESS PIPE EXPORTS
India-based pipe and tube manufacturer selects Louisiana for first US facilityGlobal Seamless Tubes & Pipes invests USD 35 million in Louisiana to create jobs, focusing on carbon, alloy, and stainless steel production...
Venus Pipes and Tubes lists at 3% premium on BSEThe Rs 165.42 crore initial public offering (IPO) of Venue Pipes & Tubes was open for subscription between May 11-13 as the company sold it...
Venus Pipes & Tubes IPO subscribed 16.31 timesAccording to the data from BSE, investors bid for 3,45,34,178 equity shares or 9.72 times by 2 pm compared to the 35,51,914 equity shares o...
Venus Pipes & Tubes IPO subscribed 3.25x so far on Day 2The quote for retail bidders was subscribed 5.63 times, whereas the allocation for qualified institutional buyers was subscribed 1.54 times...
Venus Pipes & Tubes IPO to open on May 11Proceeds from the public issue will be used for financing the project cost towards capacity expansion and backward integration for manufact...
Venus Pipes and Tubes likely to file DRHP this week to raise up to Rs 225 croreThe IPO will entirely be a fresh issue.
DGAD recommends anti-dumping duty on steel pipes from ChinaEarlier this year in May, the government had imposed a provisional anti-dumping duty for six months on seamless tubes and steel pipes, amon...
Government slaps anti-dumping duty on steel pipes and tubes from ChinaImposition of the duties might affect price levels of the downstream products and consequently have some influence on relative competitiven...
Government may impose anti-dumping duty on drilling pipes from ChinaIndia is likely to impose anti-dumping duty on import of certain types of iron and steel pipes from China used in drilling for oil and gas ...
India's seamless pipe firms stare at job cuts, plant closuresThis has led to China's steel seamless pipe producers to export products to India at low prices, adversely impacting domestic industry, mar...
- Local cos book profit from US duty on Chinese pipes
The US government’s move to levy anti-dumping duty on Chinese steel pipes has provided Indian manufacturers an opportunity to increase expo...
- MAN is likely to benefit from large demand
The global demand outlook for SAW pipes is very strong, and MAN is likely to benefit from the large global and growing domestic demand.
- Maharashtra Seamless bags order worth Rs 757 cr
DP Jindal Group's flagship firm Maharashtra Seamless on Tuesday said it has bagged an order worth Rs 757 crore from state-run Oil and Natur...
- Maha Seamless bags $45 mn export orders from US firm
Maharashtra Seamless, a pipe manufacturing firm and part of the Rs 3,000 crore D P Jindal group, today said it has bagged export orders wor...
- Seamless tube unintended victim of steel export duty
The recently introduced export duty on steel items, an anti-inflation measure, could seriously jeopardise the export-intensive seamless tub...
- Citigroup to acquire 10.5% in Jindal Drilling for Rs 156 cr
Citigroup is picking up a 10.47% stake in Jindal Drilling & Industries for Rs 156.3 crore through a preferential allotment.
- Maharashtra Seamless to buy Romanian plant
Maharashtra Seamless (MSL), the flagship company of Rs 3,000-crore DP Jindal Group, is close to acquiring the seamless pipes plant of SC Re...