Maruichi Steel and Marcegaglia sign cooperation agreement
According to recent market reports from the industry, Japanese steelmaker Maruichi Steel Tube Ltd. and Italian welded steel
pipe maker
Marcegaglia agreed upon a mutual cooperation for joint development.
Under the scope of this agreement, the companies aim to exchange technologies to produce structural steel
pipe as well as to negotiate on steel
pipe markets of
Japan and
Europe.
Marcegaglia produces welded steel
pipe, steel sheet, steel strip,
stainless pipe, cold drawn steel tube with an annual capacity of 3.5 million tons. The company has operations in
Austria,
Belgium,
France,
Germany, England,
Netherlands,
Spain,
Switzerland, US and
Brazil.