Skip to navigation
Skip to Contents
close

PR Room

Newsroom

POSCO Signs PosMAC Supply Agreement with a British Tube Manufacturer.

Date
Oct. 16, 2017
  • font size
  • +
  • -
  • - This is the outcome of POSCO providing solutions, including the development of corrosion-resistant steel that suits local climate conditions.
    - Top Tubes launched a pipe brand, MAGNAtube, using PosMAC.

    On October 12th at the POSCO Center, POSCO signed a PosMAC supply agreement for pipe production with Top Tubes, a British pipe manufacturer specializing in cold rolled and galvanized steel.

     

    The agreement ceremony was attended by 10 interested parties, including Adam Bradley, CEO of Top Tubes; Byeong-ryong Suh, Head of POSCO Construction Steel Materials Sales Group; Chae-il Lim, Head of POSCO Daewoo Hot-Rolled Sales Group. They discussed terms and conditions of the business, cooperative plans and agreed to establish a larger PosMAC pipe market in the UK.

     

    Top Tubes are a UK-based company established in 1994. POSCO supplied PosMAC testing production goods to Top Tubes in 2012. In 2013 they also achieved sales of PosMAC for the first time in Europe. In 2016, as the awareness of using zinc-magnesium coated steel was increasing, Adam Bradley, CEO of Top Tubes visited South Korea and discussed an extended application plan for PosMAC. POSCO has been making great efforts on expanding PosMAC sales by providing technical solutions such as developing corrosion-resistant materials suited for the wet and salty climate conditions encountered in the UK and manufacturing optimal welding wires while securing corrosion resistance of pipe seam welding.  

     

    As a result of this, Top Tubes launched ‘MAGNAtube’, a premium pipe brand using PosMAC in June 2017. This is the first case where the overseas client established a secondary brand derived from using PosMAC.

     

    Top Tubes plans to expand its sales by promoting their use of the PosMAC brand, as a material to create its own MAGNAtube brand to consumers. This will enable them to secure customers reliance on the product, and to increase their use of PosMAC, the next generation of construction steel materials, which has excellent corrosion resistance compared to namal galvanized steel and is less expensive than stainless steel.

     

    ▶ Top Tubes, the British pipe manufacturer, launched MAGNAtube, the pipe brand using PosMAC in June of this year. Product promotion screen on the corporate website of Top Tubes(http://toptubes.co.uk/)

     

    Adam Bradley, CEO of Top Tubes, said at the event, "We have the utmost confidence in the products by going through various verification processes of PosMAC. We also expect that MAGNAtube, the premium pipe using PosMAC, will prove to be a strategic product which will shape our future."

     

    POSCO plans to accelerate and expand their access to the European market by continuing with a consistent cooperative relationship with Top Tubes, the first purchaser of PosMAC in Europe as well as the client who launched the first PosMAC-derived brand, and continuing to provide technical solutions.



    LINE APP Shared Article Kakao APP Shared Article
    Prev
    POSCO Showcased the Excellence of Giga Steel at China International Auto Products Expo.
    Next
    POSCO is at the Forefront of the Dawning Age of Electric Vehicles
    top
    Close