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Balingsteel, Friday Osanebi forge new partnership in international steel market expansion

Obah Sylva by Obah Sylva
October 23, 2024
in News
Reading Time: 2 mins read
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Balingsteel, Friday Osanebi forge new partnership in international steel market expansion
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Balingsteel, a leading force in the global steel manufacturing industry, has announced a groundbreaking partnership with Nigerian entrepreneur Mr. Friday Osanebi and his company, AUGOE & Sons Ltd, marking a major milestone in their international expansion efforts. This strategic collaboration aims to strengthen Balingsteel’s foothold in the oil and gas sector while promoting environmentally conscious steel production.

In an official statement on its website, Balingsteel emphasized its dedication to providing high-quality, low-carbon steel products in alignment with contemporary green policies. The company is advancing towards intelligent mechanized production, focusing on data-driven management to enhance efficiency and reduce environmental impact.

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The statement read: “We remain committed to delivering low-carbon steel products that meet global standards, ensuring sustainability in the energy, oil, and gas sectors. Our collaboration with Mr. Friday Osanebi is a pivotal step in opening new opportunities in the international market.”

The newly signed agreement with AUGOE & Sons Ltd opens doors to supplying a variety of steel products, including pipes, casings, and construction materials, to meet international standards such as GB, DIN, API, ASTM/ASME, GOST, EN, and JIS. Balingsteel’s focus on seamless pipe production and quality control sets it apart in the competitive global steel market, particularly in high-demand industries like oil and gas.

Balingsteel, Friday Osanebi forge new partnership in international steel market expansionRead Also: Sit-at-Home: Foundation raises concerns over Economic effects of South-East zone

Balingsteel praised Mr. Friday Osanebi’s leadership, describing him as a dynamic and visionary professional. His company, AUGOE & Sons Ltd, has been instrumental in driving international business relations, particularly between Nigeria and China. “Mr. Osanebi’s passion and professionalism inspire us all,” the company noted. Osanebi was given an in-depth tour of Balingsteel’s production process, from raw material quality control to seamless pipe manufacturing and storage, expressing his satisfaction with the company’s standards.

This partnership highlights Balingsteel’s strategic push toward expanding its presence in international markets while staying true to its sustainability goals. The collaboration promises to deliver innovative steel solutions to industries worldwide, particularly in the oil and gas sector, where high-quality, eco-friendly steel products are in growing demand.

With both Balingsteel and AUGOE & Sons Ltd set to conquer new markets, this partnership signals a new era for steel production and distribution on a global scale.

Tags: AUGOE & Sons LtdBalingsteel partnershipChina-Nigeria businessFriday Osanebi steel dealgreen steel manufacturinginternational steel marketlow-carbon steeloil and gas steel supplyseamless pipe productionsteel export collaboration.
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