On October 31th, Baosteel Special Steel, HILONG GROUP OF COMPANIES and Zhejiang Dewei were attending the contract signing ceremony in Shanghai, the three parties have signed a joint development agreement to collaborate on the Φ610mm large diameter Nickel base alloy mechanical composite pipe for Natural gas gathering and transportation.

The signing of this joint development agreement is a major milestone for DEWEI and further validates Dewei’s core business strategy. The Φ610mm large diameter Nickel base alloy mechanical composite pipe has not been applied in China, Baosteel Special Steel aims to break this bottleneck and makes this martial available domestically.