# Tubos Reunidos and Marubeni-Itochu Steel sign €58M agreement

Tubos Reunidos and Marubeni-Itochu Steel signed a three-year agreement for joint operations in TRPT, valued at €58 million, covering the commercialization of 34,000 tonnes of seamless steel pipe with premium connections for oil and gas wells.

- Type: Contract
- Announced: 2020-11-04
- Where: Subillabide, Álava, Spain
- Value: $68.6M (58.0M EUR)
- Status: announced
- Capacity: 34,000 tonnes
- Products: seamless steel pipe with premium connections for oil and gas
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tubos Reunidos](https://endata.com/companies/19685.md)
- [Marubeni-Itochu Steel](https://endata.com/companies/19687.md) (partner)

## Sources

- [empresaexterior.com](https://empresaexterior.com/tubos-reunidos-y-marubeni-itochu-firman-un-acuerdo-valorado-en-58-millones-de-euros/), 2020-11-04: "Tubos Reunidos y la multinacional japonesa Marubeni-Itochu Steel han firmado un nuevo acuerdo para dar continuidad a sus operaciones conjuntas en TRPT durante los próximos tres años."

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