ROMANIA: Mittal Steel Iasi to Raise Production of High Added Value Products by 20%
Iasi-based Mittal Steel will increase its production of high added value products by 20 percent, after having received the API 5L certification from the American Petroleum Institute (API), the company announced. Mittal Steel Iasi obtained the API 5L certification, which is given for products that can be used in the oil and gas industries.
API is the only institute in the world that issues certificates for products used in the oil industry. "Now that we have obtained this certifiacate, we will be able to start exporting to new markets in the Middle East, Africa and Scandinavia. Furthermore, the certificate will allow us to participate in bids that oil companies organize for their top projects", Regie Paul, Mittal Steel Iasi General Manager said.
Mittal Steel Iasi had been trying to obtain this API 5L certification for ten years. An audit team from the API came to Iasi to examine the quality norms at the production facility. The team forwarded its report to US-based API and Mittal Steel Iasi obtained the certificate in June.
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