South Korea to sell 40000 tons of stainless steel pipe production equipment response to market changes, although modern construction company and other major construction companies demand for this product to a certain extent, but more recently with stainless steel pipe prices continued to fall, the product unit price fall, creating a considerable backlog of inventory, and profitability in the short run and also don't have big improvement.Therefore, in order to fully focus on high-yield products outline, hyundai steel decisively to suspend the relevant business, and push the related equipment for sale.EcoLing stainless steel pipe refers to the economic (economic), is to use high pressure water combination of stainless steel and carbon steel pipe in mechanical way of double steel pipe products, adopted within easy corrosion of carbon steel stainless steel, so as to improve the corrosion resistance.In addition, compared with alone with 310 s stainless steel tube, the product can save more than 30% of the manufacturing cost.EcoLing former modern sea, stainless steel pipe equipment investment 16 billion won, in September 2011 to realize batch production, design production capacity of 40000 tons.In July completely after m&a modern hayes grams, hyundai steel on the profitability of different categories of products, cognizance EcoLing stainless steel tube business is not much effectiveness, thus since August, stop the production.
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