Steel Mills

Tenaris Expands Presence in U.S. Tubular Market
Written by Sandy Williams
January 3, 2020
Tenaris S.A. has completed its acquisition of IPSCO Tubulars from Russian steel manufacturer PAO TMK. The $1.1 billion transaction includes a six-year distribution agreement that, as of Jan. 2, makes Tenaris the exclusive distributor of TMK’s OCTG and line pipe products in the U.S. and Canada.
Tenaris’ facilities are primarily located in the South and include the Bay City pipe mill in Houston and the Conroe plant that was reopened in 2019. The addition of IPSCO Tubulars will extend Tenaris’ geographic reach into the midwestern and northeastern parts of the U.S. The acquisition adds a steel bar production facility in Koppel, Pa., and a second facility in Ambridge, Pa., that will complement the Bay City seamless tube production. The IPSCO transaction will also provide additional welding, heat treatment and finishing facilities to better serve customers throughout the country.
IPSCO Tubulars is a U.S. domestic producer of seamless and welded OCTG and line pipe products with an annual production capacity of 450,000 metric tons of steel bars, 400,000 metric tons of seamless pipe and 1,000,000 metric tons of welded pipe.
Paolo Rocca, chairman and CEO of Tenaris, commented: “Over the past 15 years, we have been expanding our manufacturing presence and positioning in the U.S. market. This acquisition would mark a further step in our journey as a domestic producer and supplier to the U.S. oil and gas industry.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.

Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.

ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.