Russel Metals to Increase Domestic Focus on OCTG Product
01/18/2011 - Russel Metals Inc. announced the appointment of Dean Rougas, an OCTG veteran, as the new President of the company's Spartan Steel Products division.
Russel Metals Inc. announced the appointment of Dean Rougas as the new President of the company's Spartan Steel Products division.
Rougas brings substantial expertise in the Oil Country Tubular Goods ("OCTG") area to his new position. He will be located in Houston, Texas, reporting to Mike Harris, President of Pioneer Pipe. Dean will be supported by Spartan's team located in Evergreen, Colo.
"The growing opportunities in OCTG product, fueled by increased drilling activities and improved economics of the shale oil and gas fields, is one of our areas of focus. The addition of Dean to our team allows us to grow organically and increase our investment in this dynamic growth opportunity,” commented Brian Hedges President and CEO. “The North American supply of OCTG products has stabilized following the wave of consolidations in 2007 and 2008, which impacted the distribution channel. We feel this is the right time to increase our presence in the U.S. through our Spartan Energy Tubulars operations.
“I am very pleased that we have been able to attract a veteran industry executive like Dean to quarterback this area,” added Hedges.
Russel Metals, one of the largest metals distribution companies in North America, operates in three metals distribution segments: metals service centers, energy tubular products and steel distributors. The company carries on business under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec, Norton Metals, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Steel Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.