With technical discussion and commercial negotiation with multiple rounds nearly one and half a year, recently the company successfully signs contract for 600000 t seamless pipe project in Saudi Arabia with ArcelorMittal group. The scope of the contract includes part of equipment supply and equipment installation of the whole line.

ArcelorMittal Group is famous international iron and steel enterprise, and the projects of the group will determine final supplier through international bidding and the competitiveness is intense. With the down-to-earth marketing work and careful technical and commercial schedule, the company gradually earned the reorganization of the group and finally wins the competitiveness. This project is located in JUBAIL port at east part of Saudi Arabia, and it is strategic project of ArcelorMittal Group for the petroleum pipeline market in Middle East, and it is also the only new project of the group after the international financial crisis. The successful signing of the above contract by the company greatly strengthens the long term cooperation relation with the group. Meanwhile, the company enters the general contracting market in petroleum countries in Middle East with this project and it has higher demonstration effect, and it will for sure lead to the development of other projects of markets in this region and will gradually establish stable market pattern in Middle East.

Currently the company has started the early-stage preparation for the project by establishing project group to ensure gradually stable progress of the project.