Steel coils are an essential component in the oil and gas industry as they are used to manufacture various equipment and structures like pipelines, storage tanks, and drilling rigs. These coils provide the necessary strength, durability, and resistance to corrosion required for the harsh operating conditions in the industry. Additionally, steel coils are crucial in the transportation of oil and gas as they are used in the construction of tankers and pipelines, ensuring the safe and efficient movement of these valuable resources.