Steel Products Prices North America
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Tenaris Restarting Activity at Conroe Pipe Mill
Written by Sandy Williams
June 25, 2018
Argentina-based Tenaris announced last week it will begin producing pipe again at its mill in Conroe, Texas. The Conroe mill has been shuttered for the past three years after operations were suspended due to the plummeting oil prices and competition from imported pipe.
Select areas of the mill will be restarted beginning with the heat treatment and finishing of pipe products. Tenaris plans to hire and train 100 employees to operate the two areas of production and to bring equipment back online and performing necessary testing.
Improving market conditions in the energy sector, along with actions by the Trump administration to quell imports, prompted the restart of the mill, said Tenaris.
“We are prepared to respond to the increased demand for the domestic supply of pipe,” said Luca Zanotti, president of Tenaris USA. “Reviving areas of the plant will allow us to maximize production from our new mill in Bay City expediting the finish, prep and delivery of our products, while raising the current level of activity at the plant that during the downturn remained opened as a service center.”
Tenaris will also be hiring approximately 150 additional personnel for its seamless pipe mill in Bay City, Texas, and its threading facility in Houston to support the company’s production ramp up.
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Sandy Williams
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Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.
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Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]
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ArcelorMittal Dofasco increases spot sheet prices
ArcelorMittal Dofasco is raising spot sheet prices by CA$100 per ton (US$70/ton). The Hamilton, Ontario-based flat rolled steelmaker told customers the increase is effective immediately for all new orders. It did not specify to what level this brings its base prices but noted its right to re-quote previous but unconfirmed orders. “We will continue to […]
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Nucor raises HR spot price to $775/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $775 per short ton (st) on Monday, Feb. 3. The $15/st week-on-week (w/w) rise marks the first back-to-back increases in the steelmaker’s weekly CSP since last August, according to SMU’s mill price announcement calendar. Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also up […]
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Nucor raises HR spot price to $760/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $760 per short ton (st) on Monday, Jan. 21. The $10/st week-on-week (w/w) rise marks the first increase in the CSP since Nov. 12. According to SMU’s mill price announcement calendar, the Charlotte, N.C.-based steelmaker held the weekly price at $750/st for 11 […]