Shanghai-based Chinese steel giant Baosteel has announced that, following its wholly-owned subsidiary Baosteel International's winning of a supply contract for China National Petroleum Corporation's Xiangguo Temple underground natural gas storage facility, Shandong-based Yantai Baosteel Pipe Co. has completed first deliveries of high grade large diameter seamless line pipes for the project.
Yantai Baosteel Pipe Co., Ltd. is a joint venture built by Baosteel and Yantai Lubao Steel Pipe Co., Ltd. It is expected its annual capacity will reach 600,000 mt of seamless pipes.
Yantai Baosteel supplies seamless pipes to China National Petroleum Corp
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