7,855.06 TL BIST 100 BIST 100
28.92 $ USD USD
€31.16 EUR EUR
38.38 TL Interest Interest
74.67 $ Fossil Oil Fossil Oil
23.80 $ Silver Silver
3.75 $ Copper Copper
132.52 $ Iron Ore Iron Ore
387.00 $ Ship Dismantling Ship Dismantling
1,883.86 TL Gold (gr) Gold (gr)

Tenaris acquires pipe processing plant for use in US operations

Luxembourg-based pipe manufacturer Tenaris has acquired Republic Tube's processing facility in Houston, Texas, bringing some of its third-party finishing services in-house.

Tenaris acquires pipe processing plant for use in US operations

Located northeast of Houston, the plant complements Tenaris' existing operations in the south by adding heat treating and finishing lines, increasing its capacity to serve the domestic market. The facility employs approximately 400 people.

Luca Zanotti, President of Tenaris USA said ""We are analysing many possibilities to expand and strengthen our industrial footprint. We were already partially using Republic Tube to process some of our domestic production and adding this facility to our network improves process flow and efficiency, giving us more capacity to serve our customers in the US."

During the transition, Tenaris will work to integrate the facility and align its operations with the company's worldwide industrial standards for health, safety, environment and process management.

Tenaris will continue to provide high-quality services at this facility.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Innovative trends propel nut coke market amidst metallurgical advancements

Thursday, December 7, 2023

In January wire rod prices will be increased by CSC

Thursday, December 7, 2023

Striking increase in Turkey's scrap exports in October: 151 percent!

Thursday, December 7, 2023

KARDEMİR will establish a 27.3 MW solar power plant in Van

Thursday, December 7, 2023

This week in European steel market!

Thursday, December 7, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now