Stalprofil, Izostal consortium nears another pipe supply deal

A consortium of Stalprofil and Izostal has been chosen as the preferred bidder in the tender to supply DN 1,000 pipe to Gaz-System for the construction of the third Pogorska Wola-Tworzen pipeline. The line length is 64km. The bid amounted to PLN 149.14 million ($39m).

Delivery of the coated pipe is due to take place from 1 September 2019 to 31 January 2020.

Last year the same consortium won the contract to supply pipe for the second Pogorska Wola-Tworzen gas pipeline at a length of 65km (see Kallanish passim).

Last month Stalprofil and Izostal won a PLN 40.7m contract to supply coated pipe to Gaz-System to build a 19km pipeline between Poland and Slovakia.

Stalprofil’s steel sales in the nine months through September 2018 rose 5% on-year to 172,251 tonnes, while steel structures sales grew 23% to 2,307t. Nine-month revenue increased 28% to PLN 1.09 billion and net profit grew 43% to PLN 25.5m.