Steel News

We strive to let you one step ahead of the market.

Spain’s Tubacex to supply corrosion-resistant alloy OCTG to Brazil’s Petrobras

10 Feb 2025 15:30 reported by Joy Liu

A A A
Tubacex, a manufacturer of stainless steel and high-quality alloyed seamless tubes in Spain, has secured a EUR 40 million contract with Petrobras, the nation-al oil and gas company of Brazil, to supply premium corrosion-resistant alloy OCTG solutions for offshore gas extraction.

The deal includes casing, tubing, premium connections, and related services such as logistics, inventory management, and technical assistance.

Aligned with Petrobras’ 2025-2029 strategic plan, the contract strengthens Tu-bacex’s position as a major energy sector supplier, supporting high-productivity pre-salt projects, including expansion plans in the Búzios and Mero fields.

Back to Steel News

Related News

Baker Hughes: US rig counts rise, Canada’s keep flat for week ending May 15

  • Longs, Pipes, Tubes
  • 19 May 2026 16:54

Canada is largest buyer of US rebar exports in March

  • Longs, Pipes, Tubes
  • 19 May 2026 16:40

US’ OCTG imports fall in March, South Korea leads supply

  • Longs, Pipes, Tubes
  • 19 May 2026 16:40

Taiwanese Quintain's consolidated revenue increases in Apr y-o-y

  • Longs, Pipes, Tubes
  • 18 May 2026 11:15

Tycoons Group posts higher revenue for Apr

  • Longs, Pipes, Tubes
  • 18 May 2026 11:14

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more