US Shale Gas Revolution Supporting Growth in Steel Industry
United States natural gas industry has been experiencing revolutionary growth with the development of new and innovative technologies. The shale gas boom, combined with easier access to new and vast natural gas supplies, has led the US shale gas production to soar dramatically since 2007. This has created a surge in demand for steel tubes to use for drills, well casing, pipelines and other equipment. In addition, steel manufacturers are also investing to boost their production capacity for pipes and...
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