Vallourec, a world leader in premium piping solutions, has teamed up with Sumitomo Metals to build an integrated steel mill in Brazil.
This project, which will be equipped with a blast furnace, electric arc furnace, heat treatment, threading lines and pipe production and aims to supply mainly the oil and gas market in West Africa and globally, is now nearing completion.
Production capacity is expected to reach approximately 1 million tonnes per year.
With the investment, 56% of the shares are officially owned by Vallourec and 44% by Sumitomo Metals.
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