Histeel signed a pipeline contract worth $48 billion with the German PM company on March 23. It was announced that the pipes will be used in the UAE construction market.
Located in Düsseldorf, Germany, PM En is a specialized supplier of engineering materials in the wire and pipe industry with branches in more than 40 countries and regions all over the world. This order includes 40,000 tons of pipes, which will be delivered in October.
The Histeel official said that the company will once again present the quality of its products and its globally recognized technology to the world.
According to Histeel's statement, the company's contract for the Middle East reserve in 2016 had a total of $47.8 billion in steel and calculated the sales of its members as 36.01% in 2016.
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