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23 Feb
13:53

Poland's Izostal orders pipe from Salzgitter

Izostal has ordered €4.6 million ($5.1m) of spiral-welded pipe from Salzgitter Mannesmann Grossrohr, with delivery scheduled for completion by 18 May, Kallanish learns from the Polish pipe insulator. The contract brings the total value of pipe supplied by Salzgitter to Izostal since 25 November 2015 to PLN 26.3m ($6.6m). The Polish firm has also secured from Bank Pekao a PLN 25m credit line to finance operations, of which PLN 13m is allocated for financing …
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