Steel Products Prices North America
January 25, 2022
Tenaris Boosts OCTG Production in U.S.
Written by Tim Triplett
Global pipe producer Tenaris is boosting production of oil country tubular goods at its welded mill in Hickman, Ark., to support growing customer demand in the U.S.
“Hot rolled coil prices have begun to drop following massive gains last year, and customer demand continues to grow for domestically made pipe. These conditions make it the right time for a meaningful restart of welded production, part of the ramp-up across the U.S. that began in late 2020,” Tenaris U.S. President Luca Zanotti said. Since October 2020 when Tenaris began its expansion, it has grown its U.S. team by 1,200 employees.
