ANS Steel Tube, Steel Pipe Sales to Record High

ANS Steel Tube, a joint venture to manufacture and sell steel pipes, established by Nisshin Steel, Sumitomo Corp and JBM group which is a major automobile components maker in India, expects that steel pipe sales in fiscal 2013 hit around 20,000 tons and record high. It is the background that sales for motorcycle, that accounts for 70% of sales volume, is very strong. The firm also added high-end products including fuel filler tube and stainless steel pipe for gas emissions to item lineup for automobile. The firm keeps to produce at full swing, and thinks to increase more using subcontractor. And the firm is considering to construct new works in the future.