Zoomlion increases its tube purchases from Valin Steel Tube

Hengyang Valin Steel Tube Co., Ltd and Zoomlion Heavy Industry Science & Technology Development Co., Ltd (Zoomlion), both based in China's Hunan Province, have lately signed an agreement according to which Zoomlion will increase its tube purchase volume from Hengyang Valin Steel Tube by 10 times. The annual product supply volume will thus increase from 2,000 mt to above 20,000 mt, direct from Hangyang Valin Steel Tube. Zoomlion used to import HSM 770 tubes for cranes from Germany and Japan, but has now decided to buy from Hengyang Valin instead, thereby cutting its costs.