INDUSTRY NEWS
Eurosource to build sales pipeline for Tungum
C
orrosion resistant tubing manufacturer, Tungum Ltd, has confirmed a new partnership
agreement with Eurosource Ltd, an established and leading supplier of pipeline products. The partnership will further improve availability and access to Tungum tubing for projects in the oil and gas, petrochemical and utilities sectors. Based in the UK, with a 35- year pedigree of supplying and servicing a diverse range of clients, Eurosource is a dedicated platform
for selling OEM products to a global customer base. Toby Richards, Sales Director at Eurosource said: “With recent developments in our business life-cycle, we have designed and implemented a fully bespoke enterprise resource planning (ERP) system with a customer-facing catalogue. “We are totally transparent on
our procurement approach and, coupled with our team ethic of ‘Twegch’ (Welsh for fairness), we aim to provide a highly effective and
efficient solution to our customers’ requests. We’re excited to showcase Tungum’s products to our clients, and look forward to a good working relationship for the future.” Sean Hammond, Sales and
Marketing Director at Tungum, said: “We’re delighted with this new partnership with Eurosource. The company is already approved with one of the major refineries in the UK, and we are confident that with Eurosource’s ERP and Tungum’s combined properties of corrosion- resistance and durability, both
MMK to launch new continuous hot-dip galvanizing line
PJSC Magnitogorsk Iron and Steel Works (“MMK” or “the Company”) will commission a new continuous hot-dip galvanizing line in July 2017 to help satisfy growing demand for galvanised steel, Igor Sapozhnikov, Leading Marketing Specialist at MMK, told the 13th Annual Steel Markets Europe conference in Barcelona.
During his speech about trends on the Russian metal market, Sapozhnikov discussed the potential for a sustainable recovery in metal consumption in Russia starting from 2017 following three years of decreasing market volumes. He added that growth of metal consumption will be driven by the construction and carmaking
industries, and will in part be satisfied by the new continuous hot-dip galvanizing line expected to be commissioned in July 2017. This launch is in line with MMK’s strategy to increase the share of high value-added products in its sales structure.
The 13th Annual Steel Markets Europe conference, held on 19-20
partners will benefit greatly for many years to come.”
Corrosion resistant Tungum tubing has been proven to deliver safety critical, long-lasting solutions in demanding environments across the world.
For more information visit www.
tungum.com
Eurosource is a leading supplier of pipeline products for a variety of industrial sectors including oil and gas, petrochemicals and utilities. For more information visit: www.
eurosourceltd.co.uk
June in Barcelona, was organised by information and analytics provider Platts. Participants included major metal companies and associations such as ArcelorMittal, Tata Steel Europe, the European Steel Association (Eurofer) and the American Iron and Steel Institute (AISI). Topics included the growth potential of global and European metal sectors amid market demand for metal, increasing trade restrictions, continued surplus of metal facilities and steel overproduction in China.
Good mood at Russian quartet of metal trade fairs
wire Russia, Tube Russia, Metallurgy Russia and Litmash Russia were held jointly again in Moscow in June 2017 Four trade fairs took place in one venue, creating ideal synergies for exhibitors and visitors as well as short routes between stands and a compact presentation. As before, from 5 to 8 June 2017, the Expo Centre in Moscow hosted a joint presentation of four technology trade fairs: wire Russia, the international wire & cable fair, Tube Russia, the international pipe & tube fair, Metallurgy Russia, the international metallurgical technology processes and metal products fair, and Litmash Russia, the international foundry fair.
4 IMT June 2017
The regional trade fairs were organised by Messe Düsseldorf GmbH, Messe Düsseldorf Moscow – in partnership with the Russian joint-stock company VNIIKP for wire Russia, and Metal Expo for the other three, Tube Russia, Metallurgy Russia and Litmash Russia.
In all, around 400 companies presented technical innovations from their industries, covering an exhibition space of 5,545 square metres.
As well as Russian exhibitors, many international companies were represented in Moscow, showcasing their products and services to the Russian and Eastern European markets.
Throughout the world good business is being generated by an increasing global demand, the international expansion of glass fibre networks and the prospect of the World Cup in Russia. This is benefiting not only the Russian construction industry, but also international companies that are involved in building Russia’s many stadiums and which are working on infrastructure projects. Wire, cables, tubes, metal and foundry products are needed for the stadiums, and the forthcoming World Cup is therefore having a major positive impact on the exhibiting industries. Tube Russia, Metallurgy Russia and Litmash Russia were attended
www.internationalmetaltube.com
by 4,200 trade visitors, primarily from Russia and its neighbouring countries. wire Russia attracted 2,720 visitors who spent four days finding out industry news, refreshing contacts and initiating business deals. Exhibitors rated their conversations at the stands as highly positive, and many are expecting good follow-up business as a result.
Visitors mainly came from Russia, other CIS regions and neighbouring European countries. Further details of all four trade fairs can be found on the relevant websites:
www.wire-russia.com,
www.tube-russia.com, www.
metallurgy-russia.com and www.
litmash-russia.com.
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