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ArcelorMittal SA to Supply High-performance Steel Wires for Technip


Thursday, 19 Sep 2013 01:00am EDT 

ArcelorMittal SA announced that it has signed with Technip a five-year contract for the supply of high-performance steel wires. According ot he contract, the Company's site in Bourg-en-Bresse, Rhones-Alpes region, France, part of its Distribution Solutions division, will fabricate highly-resistant, semi-manufactured rolled products to be used on flexible sheaths for the development of oil and gas fields worldwide. The site supplies Technip's manufacturing plants located in France, Brazil and Malaysia. The contract awarded to ArcelorMittal SA by Technip has a value over EUR 200 million. 

Company Quote

9.029
-0.198 -2.15%
11:35am EST