Global steel pipe market continues to be buoyant

　　In reaction to the increasing consumption related to the global natural gas and oil industries, the demand for the gas and oil usage pipes have also remained strong in the global steel market.

　　the company has produced an accumulated output of 120,000 tons X80 pipe since that time. Using X 80 pipe can improve the efficiency of the natural gas transaction and reduce its operation cost; X80 pipe also has better performance than X70, and has become the recognized superior and popular pipe standard.

　　In the United States, the world’s fourth largest steel mill, Posco, has invested in an American pipe manufacturer located in Pittsburgh with U.S. Steel Company and South Korea SeAH Steel Corporation. The pipe manufacturer, named United Spiral Pipe Manufacturer will be finished construction in April, 2009 and API pipe annual output will reach 270,000 tons. The product will be mainly supplied to natural gas and oil pipeline projects in America and Canada and its hot roll steel material will be provided by Posco and U.S. Steel Company.

　　We have adopted advanced production equipment and technologies to manufacture our seamless steel pipe and oil pipe, which can not only improve product quality, but also save raw materials. Our products have high strength, good toughness and resistance to corrosion.