Steel Mills
US Steel Reorganizes Tubular Business
Written by Sandy Williams
March 9, 2016
US Steel revealed a new corporate structure for its tubular operations last week. Ownership of the Lorain, Ohio and Fairfield, Ala., operations has been transferred to a new, wholly owned subsidiary US Tubular Operations, LLC.
US Steel Seamless Tubular Operations, LLC and the existing US Steel Tubular Products, Inc. (a subsidiary of US Steel Corporation), which includes Lone Star Tubular Operations and Wheeling Machine Products facilities, were moved under a new holding company called US Steel Tubular Products Holdings, LLC. This new holding company is a wholly owned, direct subsidiary of US Steel Corporation.
US Steel spokesperson Sarah Cassella said the “realignment has no effect on terms and conditions of contracts, product offerings, our facility locations or employment levels.” There were no leadership changes as a result of the internal transaction.
“The origin of this internal transaction was in response to the product and bid qualification requirements we faced while attempting to grow our tubular business with Middle Eastern oil and gas customers,” said Cassella in an email to SMU. “We are nearing completion of the process to establish a representative office in Dubai, UAE, to be staffed by US Steel Tubular employees so that we can be closer to customers for OCTG products in the Middle East.”
There has been speculation that the realignment will lead to a sale of some of the assets following heavy losses and layoffs in the tubular operations. US Steel did not confirm or deny the possibility but instead reiterated its general stance on strategic opportunities:
“US Steel continuously evaluates potential strategic and organizational opportunities, which may include the acquisition, divestiture or consolidation of assets.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.
ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.
Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.
Algoma swings to loss on ‘unprecedented disruptions’ and trade barriers
Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”
Nucor eyes long-term gains amid strong demand and trade enforcement
Resilient demand across its steel product lines, combined with the continued ramp-up of key expansion projects, drove Nucor’s improved financial results and record-setting performance in the second quarter. That’s according to company executives speaking on an earnings conference call on Tuesday.