Zhongyou Precision Pipe completes first phase of steel pipe program

Wujin, Jiangsu Province-based Chinese steel pipe manufacturing company Zhongyou Precision Pipe Manufacturing Co has completed the first phase of its steel pipe production program, according to local media sources.
 
In its steel pipe production program, Zhongyou Precision Pipe Manufacturing is investing a total of RMB 180 million ($28.57 million), targeting an annual output capacity of 80,000 mt of high and medium grade precision steel welded pipes and 20,000 mt of precision steel tubes. The products will have a wide variety of applications, including automobiles, motorcycles, engineering machinery and fitness equipment.