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17 Aug
20:34

Lone Star idling forces Friedman to look elsewhere

US Steel’s (USS) Lone Star, Texas, pipe facility remains indefinitely idled, forcing Friedman Industries to seek alternative customers for its energy pipe line, Kallanish understands from the company’s quarterly earnings report to the US Securities and Exchange Commission (SEC). The Lone Star energy tubulars facility was idled in March and the company “… cannot speculate as to a return to full production,” according to USS spokeswo…
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