22
May
15:51
Salzgitter Mannesmann acquires stainless tubes maker Sotep
Mannesmann Stainless Tubes GmbH has acquired the stainless steel tube manufacturer Sotep (Société Technique d'Etirage de Précision), Kallanish learns from Mannesmann's parent group Salzgitter AG.
Sotep was founded in 1980 as a specialist supplier of cold finished seamless stainless-steel tube. It transforms standard tube (known as basic or draft tubes) into precision tubes by means of cold drawing. The process enables the outer and i…
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Very good overview of the weekly steel market.
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