Steel News

Northwest Pipe to Review Strategic Options for OCTG Operations

01 October 2013 - Northwest Pipe Company announced it is in the process of exploring strategic alternatives for its oil country tubular goods (OCTG) business, which could include potential acquisitions, divestitures and joint ventures.

Tenaris and Usiminas Work Together on the First Brazilian Ethanol Pipeline

27 September 2013 - Tenaris will supply 145 km of 20-inch pipes, produced from steel plates provided by Usiminas, a Brazilian steel provider, for the second phase of construction of the first Brazilian ethanol pipeline.

Interpipe Niko Tube Orders Groove Dressing Machine from SMS Meer

26 September 2013 - Interpipe Niko Tube from Nikopol, Ukraine, has ordered a three-axis groove dressing machine from SMS Meer for its seamless tube plant in Nikopol. The new machine will improve precision in production and shorten the dressing times and expand the company’s production capacities.

Vallourec Widens Premium Offer For Offshore Oil & Gas Market With Production Of Umbilicals Tubes

24 September 2013 - Vallourec, a world leader in premium tubular solutions, announced the launch of a new offer for the offshore oil and gas market: the production of welded stainless steel tubes to be fitted into umbilicals.

Tenaris Once Again Included in Forbes’ List Of World’s Most Innovative Companies

23 September 2013 - Tenaris received ranking 81 in Forbes’ recently published list of the world’s 100 most innovative companies, moving up 11 spots since the release of the first list in 2011.

Benteler Steel/Tube Breaks Ground on U.S. Facility

17 September 2013 - On 16 September 2013, Louisiana Governor Bobby Jindal and Benteler Steel/Tube marked the beginning of the construction on the company’s new hot rolling seamless steel tube mill in Caddo Parish, La., its first manufacturing facility in the United States.

Tejas Tubular to Construct New OCTG Facility in Indiana

16 September 2013 - Tejas Tubular Products announced its plans to construct a new facility located in New Carlisle, Ind.

Severstal's Izhora Pipe Mill Completes Pipe Shipments for Central Asia–China Pipeline

16 September 2013 - The Izhora Pipe Mill (IPM), which specializes in the manufacturing of large-diameter pipes using strips produced by Severstal's Cherepovets Steel Mill has completed its shipments of products for the Central Asia — China (CAC) international gas pipeline.

Metinvest Certified by Petrobas as Pipe and Plate Supplier

13 September 2013 - Metinvest has received certificates to supply pipes and plates to Brazil’s Petróleo Brasileiro S.A. (Petrobras), one of the world’s largest integrated energy producers.

OMV Petrom Establishes World Record Using Tenaris Products

12 September 2013 - OMV Petrom, the largest oil and gas producer in southeastern Europe, recently set a world record for the diameter and depth of a column drilled using Tenaris casing drilling.

Marubeni-Itochu Acquires U.S. OCTG Distributor Sooner Inc.

09 September 2013 - Marubeni-Itochu Steel Inc. has reached an agreement with Oil States International Inc., that Marubeni-Itochu Tubulars America Inc., a subsidiary of MISI, will acquire 100% of Sooner Inc., a subsidiary of OIS, for approx. US$600 million.

PTC Seamless Tube Corp. to Establish Manufacturing Operations in Kentucky

03 September 2013 - Kentucky Governor Steve Beshear announced PTC Seamless Tube Corp., a subsidiary of PTC Group Holdings Corp., plans to create up to 283 jobs in Hopkinsville, Ky., where the company expects to invest more than US$102 million to establish a manufacturing operation.

TMK PF Premium Connections Approved by ADCO

02 September 2013 - ÒÌÊ, one of the world’s leading producers of tubular products for the oil and gas industry, has received an official notice of product approval from Abu Dhabi Company for Offshore Oil Operations (ADCO).

TMK Supplies Pipes to ONGC for Construction of Offshore Pipelines

29 August 2013 - TMK, one of the world’s leading producers of tubular products for the oil and gas industry, shipped pipes for the construction of offshore pipelines for Oil and Natural Gas Corporation Limited (ONGC), India’s state-run oil company.

Severstal Increased Sales of Large-Diameter Pipes in First Half of 2013

26 August 2013 - Severstal's Izhora Pipe Mill (IPM) manufactured over 165,000 tonnes of pipes in the first half of 2013 for use in major oil and gas projects in Russia and internationally. This represents a 2% sales increase as compared to the same period of 2012.

Axis Pipe and Tube Breaks Ground for Texas Facility

22 August 2013 - On 22 August 2013, officials of Axis Pipe and Tube, Inc., The Prolamsa Group and state and local officials participated in groundbreaking ceremonies in Bryan, Texas, for a new US$150 million pipe and tube facility. 

Ternium, Tenaris and Tecpetrol to Build and Operate Power Plant in Mexico

20 August 2013 - Ternium S.A., Tenaris S.A. and Tecpetrol International S.A. have entered into a memorandum of understanding to jointly build and operate a natural gas-fired combined cycle electric power plant in Mexico, which would supply Ternium’s and Tenaris’s respective Mexican industrial facilities.

U.S. Agency Votes to Continue OCTG Trade Case

19 August 2013 - The United States International Trade Commission (USITC) determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain oil country tubular goods from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam that are allegedly sold in the U.S. at less than fair value and allegedly subsidized by the governments of India and Turkey.

Louisiana Approves Funding for Benteler Steel Project

16 August 2013 - A Louisiana state panel has approved using US$20 million in state Mega Project funding to complete a deal bringing a Benteler Steel manufacturing facility to the Port of Caddo-Bossier, according to a local report from The News Star.

Synalloy's Metal Subsidiaries Awarded US$22.5 Million for Two Fabrication Projects

16 August 2013 - Synalloy Corporation, a company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, specialty chemicals and fabrication of stainless and carbon steel piping systems, announced that its Synalloy Fabrication subsidiary secured US$22.5 million in new fabrication bookings in the past two weeks.