20
May
20:43
Tenaris cuts jobs at Pennsylvania, Ohio pipe facilities
The US’s largest steel pipe producer, Tenaris, blames the inflow of underpriced imports of oil country tubular goods (OCTG) for its need to reduce workers at its Ohio and Pennsylvania facilities, Kallanish learns from a company press release.
Tenaris says it will reduce its labour force in the two states by 170 workers.
“Imports of OCTG account for nearly half the US market demand," Tenaris states. "These imports are mainly manufacture…
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Anonymous
Very good overview of the weekly steel market.
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