# Histeel signs 47.85 billion won contract for Line Pipe in Middle East

Histeel Co Ltd signed a 47.85 billion won contract with Project Materials GMBH to provide Line Pipe in the Middle East.

- Type: Contract
- Announced: 2017-03-23
- Where: Middle East, United Arab Emirates
- Value: $42.5M (47.9B KRW)
- Status: announced
- Capacity: 40,000 tonnes of pipe
- Products: Line Pipe
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Histeel Co Ltd](https://endata.com/companies/23020.md)
- [PM](https://endata.com/companies/11448.md) (customer)
- [Project Materials GMBH](https://endata.com/companies/23021.md) (customer)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/hi-steel-co-KRX:071090/news/brief-histeel-signs-contract-worth-47-85-bln-won-019e6af7-9e05-7bc0-86f7-3249816f0016/), 2017-03-23: "Says it signed a 47.85 billion won contract with Project Materials GMBH to provide Line Pipe in Middle East."
- [ca.scaffoldgfdg.com](http://ca.scaffoldgfdg.com/news/histeel-signed-a-48-billion-dollars-pipe-contr-5274831.html), 2017-04-05: "Aquest ordre implica en 40.000 tones de canonada, es lliura a l'octubre."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.