Large-diameter Line Pipe Business Reaches Turning Point / Nippon Steel Withdraws from UOE Pipe Business Leaving Only JFE
Reduction in Large Scale Projects, Rise of Emerging Country Mills / Trading Companies to Rethink Strategies
The line pipe businesses of Japanese mills and trading companies that provides large-diameter UOE pipes is reaching an important turning point. As interest in decarbonization and renewable energy continues to grow, large scale projects that utilize large-diameter line pipes for transporting crude oil and natural gas have decreased. One of the...
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