Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
Vancouver, Washington-based Northwest Pipe Company has announced that in the second quarter this year it reported a net profit of $3.2 million, decreasing 42.6 percent year on year. The company's sales revenues in the given quarter ...
Tags: Pipe, Vancouver, Metallurgy
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that it has signed an agreement for a research and development cooperation program for 2014-2016 with Lukoil, Russia's second-largest oil company, ...
Tags: Russia, TMK, Metallurgy, Mineral
United States Steel Corporation announced Monday that it will indefinitely idle two tubular manufacturing facilities in McKeesport, Pennsylvania, and Bellville, Texas, in early August, impacting approximately 260 employees as a result of ...
Tags: US Steel, Tubing Plants
Vancouver, Washington-based Northwest Pipe Company has announced that in the first quarter this year it reported a net loss of $9.9 million, compared to a net profit of $9.5 million in the corresponding quarter of the previous year. The ...
Tags: Pipe Registers, Pipe Company
The Alliance for American Manufacturing is organizing a rally Monday at US Steel’s Lorain, Ohio tubular plant as part of a national effort to convince the US Commerce Department (DOC) to impose duties on dumped steel imports, ...
Tags: Anti-Import-Dumping, US Steel
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its production results for the first quarter of the current year. In the given quarter, TMK shipped 1.022 million mt of pipes to customers, down ...
Tags: oil, gas steel pipe
North America Western Asia Holdings, US Steel Tubular Products, a subsidiary of United States Steel Corporation, and MRC Global Inc. announced Thursday an alliance to bring critical oil well equipment into the natural resources-rich region ...
Tags: Oil, Metallurgy, Mineral, Energy, gas
Swedish specialty steel producer SSAB and Finland-based steelmaker Rautaruukki have announced that they have come to an agreement to combine the two companies through SSAB making a recommended public share exchange offer amounting to SEK ...
Ukraine-based Metinvest released its financial result for the first half of 2013. In the first half of this year, Metinvest’s net profits amounted to US$443 million, soaring by 31% year on year. However, the company’s sales ...
Tags: steel, Construction
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period, Metinvest's net profit amounted to $443 million, rising 31 percent compared to the same period of the ...
Global pipe and tube producer Tenaris S.A. has announced its financial results for the third quarter and the first nine months of 2013, reporting a net profit of $314 million in the third quarter, down 28 percent year on year. During the ...
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced the launch of sales of steel billets produced at the electric steel-melting complex of its subsidiary Seversky Tube Works. The complex produces ...
Tags: Steel Billets, Mineral
On Wednesday, the US Department of Commerce (DOC) announced the final results of its administrative review of the antidumping order on small diameter carbon and alloy seamless standard, line and pressure pipe from Romania. The review ...
Tags: AD Duties, Seamless Pipe
United States Steel Corporation announced Friday that it is currently performing its annual goodwill impairment analysis and that it estimates a total goodwill impairment of approximately $1.8 billion for its North American flat-rolled and ...
Tags: Metallurgy, Mineral, Energy, Steel