September 07, 2008

Salzgitter and Dillinger JV Europipe bags pipeline order

Thomson Financial reported that Salzgitter AG and Dillinger Huette’s JV Europipe has won the contract to supply 75% of the steel for a planned Baltic Sea pipeline. As per report, the contract is worth several hundred million euros.

The first phase of the pipeline construction will require about 1.1 million tonnes of steel and Europipe will supply 75% while the remaining steel will come from OMK.

As per report, the contract will be announced in late October.