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Pipe and Tube
The latest news on companies making seamless and welded pipe and tube products.
Latest News
California Steel Reports Q3 2010 Results
26 October 2010 - California Steel Industries, Inc. reported third-quarter net income of $2.0 million for the period ended September 30, 2010. Sales revenues for the quarter are $313.9 million on shipments of 365,608 net tons, 50% higher than third quarter 2009's 244,417 net tons.
Lakeside Steel Increases Production at End-Finishing Facility
20 October 2010 - Lakeside Steel Inc. has increased its tubing end-finishing production, which includes the process of upsetting, threading, and pressure testing tube products manufactured at the Welland facility, to meet demand and improve customer service.
John Maneely Company Completes Restructuring
12 October 2010 - John Maneely Co. has completed an organizational restructuring, including the change of the company’s name to JMC Steel Groupto better reflect the company's core steel pipe and tubular products business.
Lakeside Steel Restructures Salaried Staff
11 October 2010 - Lakeside Steel has implemented a restructuring of the salaried workforce at its Welland location that will reduce the number of salaried employees at the manufacturing facility by 25%.
Lakeside Steel Breaks Ground on New Alabama Facility
02 September 2010 - Construction of Lakeside Steel Inc.’s new pipe manufacturing facility in Thomasville, Ala., has officially begun. The construction phase is expected to be substantially completed by April 2011.
Northwest Pipe Adds Steel Exec to Board of Directors
01 September 2010 - Northwest Pipe announces the election of James E. Declusin, former CEO of Oregon Steel Mills and Evraz Inc. NA, to its board of directors.
Lakeside Steel to Build New Manufacturing Facility in Alabama
30 July 2010 - Lakeside Steel Inc. announced plans to build a new manufacturing facility in Thomasville, Ala. Once fully operational, the new facility is expected to add 192,000 tons of capacity, approximately doubling the company's total production capacity.
Tenova Core to Supply Furnaces for V&M Star Youngstown Expansion
29 July 2010 - V&M Star has contracted Tenova Core to design and supply two pipe heat treating furnaces for the company’s Youngstown, Ohio, facility.
California Steel Industries Reports Q2 2010 Results
22 July 2010 - California Steel Industries, Inc. reported second-quarter net income of $18.5 million for the period ended June 30, 2010. Sales revenues for the quarter are $301.7 million on shipments of 363,127 net tons. The figures represent significant increases compared to the same period a year ago.
Lakeside Steel Provides Q1 Operations Update
14 July 2010 - Lakeside Steel announced its fiscal first-quarter operations update for the three months ended June 30, 2010 (Q1 2011), including preliminary numbers suggesting shipments of 53,719 tons—a 268% improvement over Q1 2010 and a 35% improvement over Q4 2010.
Lakeside Steel Signs Contract with Bennett Environmental for PCB Remediation
09 July 2010 - Lakeside Steel has agreed to terms with Bennett Environmental to remove the PCB material currently stored on Lakeside's property in Welland. The project is expected to be completed by December 2010.
Lakeside Steel to Add Shift, Hire Employees
03 June 2010 - Due to increased demand for its API-approved oil country tubular goods tubing, casing, and API line pipe, Lakeside Steel Inc. is adding an additional shift to the Stretch Reduction Mill and hiring up to 12 new full-time employees.
Lakeside Steel Announces Strategic Alliance with Scot Industries
30 April 2010 - Lakeside Steel Inc. has agreed to terms on a key business alliance with Wooster, Ohio-based Scot Industries, which will provide thermal treatment services for Lakeside Steel.
California Steel Industries Posts Improved Q1 Results
21 April 2010 - California Steel Industries reports sales revenues of $232.7 million for the period ended March 31, 2010, compared to $147.1 million for the year-ago first quarter. Net income for the period is $10.4 million, an improvement from last year's net loss of $15.3 million in the first quarter.
Northwest Pipe Appoints New CEO
06 April 2010 - The Board of Directors of Northwest Pipe Co. has accepted Brian Dunham's resignation as Chief Executive Officer and has appointed Richard A. Roman to serve in that capacity. Dunham will continue to serve as President and as a member of the Board of Directors.
California Steel Reports 4th Quarter, Full Year 2009 Results
10 March 2010 - California Steel reports a net loss of $2.3 million on net sales of $153.6 million for the fourth quarter and a net loss of $13.1 million on net sales of $551.8 million for the full year ended December 31, 2009.
California Steel Industries to Make Organizational Changes
31 December 2009 - California Steel Industries, Inc. is making three organizational changes, effective January 1, 2010. All three executive vice presidents will continue to report to Vicente Wright, President and CEO.
Northwest Pipe no Longer in Compliance for NASDAQ Listing
18 November 2009 - Northwest Pipe receives notice that it is no longer in compliance with NASDAQ Listing Rule 5250(c)(1) due to the late filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009.
California Steel Reports Profitable 3rd Quarter
29 October 2009 - California Steel reports net income of $7.4 million on net sales of $147 million for the third quarter and a net loss of $10.8 million on net sales of $398.2 million for the nine months ended September 30, 2009.
Northwest Pipe to Revitalize Idle Bossier Facility
28 September 2009 - Governor Bobby Jindal and other leaders announce the revitalization of Northwest Pipe's facility in Bossier City, La., that has been idle for three years. The company’s tubular products group is refitting the plant to manufacture OCTG and pipe for the oil and gas industry.
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