80
N
ovember
2014
Global Marketplace
wrote Mr Dunlap. “The timeline has stretched. Contractors
have been suspected of and have admitted to fraud.”
But the $3.2bn project is moving forward and, at a cost of
$1mn for both, the ten-ton manganese bronze valves are
being replaced with 6,700-pound stainless steel valves newly
fabricated by the Italian company Vanessa in Lugagnano Val
d’Arda, roughly midway between Milan and Bologna. Their
installation will complete the final links in a network of pipes
through which as much as 290 million gallons per day of
filtered Croton water is to resume flowing to Manhattan and the
Bronx. James J Roberts, the deputy commissioner for water
and sewer operations at the city’s environmental agency, told
the
Times
that the filtration plant is scheduled to be finished
next year.
›
Where the 1914 valves were custom-made, the Vanessa
valves are virtually off-the-shelf, Mr Dunlap reported. That
means a much shorter delivery time and lower cost, at no
sacrifice in performance over an expected service life of at
least 40 to 50 years. The manganese bronze valves could take
years to replicate and cost $1mn apiece.
Obviously a belt-and-braces man, Mr Roberts will see to it that
the fully functional antique fixtures are warehoused.
“This valve’s pedigree and the shape it’s in after a century
of performance speaks for itself,” he said, pointing to one of
the matched pair. “If we needed it in an emergency, I’d be
comfortable installing it.”
Permanent tariffs on OCTG from
South Korea hand US steelmakers
a victory, but domestic oil and gas
companies’ costs will rise
“With the rest of the world awash in mostly unprofitable steel,
the US has become a jewel for foreign steelmakers. Imports
of oil country tubular goods rose 22 per cent during the first
half of 2014 to 1.8 million tons from 1.4 million tons over the
same period in 2013.”
John W Miller of the
Wall Street Journal
was reporting a
midsummer ruling by the US International Trade Commission
(ITC) which marked a major political and economic victory for
American steelmakers, notably US Steel Corp (Pittsburgh).
The ITC made permanent the imposition of tariffs on imports
of steel pipe and tube from South Korea and five other
countries: India, Taiwan, Turkey, Ukraine and Vietnam. (“Trade
Commission Confirms Tariffs on Steel From South Korea,” 22
August)
As noted by Mr Miller, the tariffs – of up to 15.75 per cent for
South Korean companies – are a boon to US steel producers
eager to protect their business of selling pipe and tube to
domestic oil and gas drillers, which represents one of the
world’s most lucrative steel markets. US Steel stock shot up
2.5 per cent on the news.
TEL: +86-21-31108050
FAX: +86-21-31108052
E-MAIL:
WEBSITE:
HEAD OFFICE ADD: 10–11th Floor,
No.11 Building, No.1588, Youyi Rd.,
Baoshan District, Shanghai, China
Established in 1994, Shanghai Yueyuechao Steel Pipe Group has now been
developed into a comprehensive enterprise which is specialized in carbon steel,
low-alloy seamless and welded tubes and pipes manufacturing and exporting.
Our production range:
Seamless tubes: 1/8"~28" in OD, 1.5~50mm in WT.
LSAW pipes: 14"~56" in OD, 8~50mm in WT.
3-rolling bending plate welded pipes: 40"~158" in OD, 15.9~140mm in WT.
Gas cylinder pipe: 62~711mm in OD, 2.3~18mm in WT.
Our main certs: API/ISO/BV/DNV/ABS/LR/TUV/GL/
