Turkish pipe producer receives large steel piling pipe order

Tuesday, 19 March 2013 13:40:35 (GMT+3)   |   Istanbul
Turkish steel pipe producer Özbal Çelik Boru has announced that it has received an order, worth approximately $8.5 million, from a domestic customer for spiral welded steel piling pipes.
 
The production of the order is scheduled to be completed in 2013.
 
As SteelOrbis previously reported, in 2012 Özbal registered a net loss of TRY 6.1 million, decreasing from a net loss of TRY 11.17 million in the previous year due to technology investment, while the company's total sales revenues decreased by 13.5 percent year on year to TRY 101.12 million.

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