9,484.26 TRY BIST 100 BIST 100
37.93 USD USD USD
5.23 CNY CNY CNY
41.82 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY 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.

Comments

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

China to impose a 34% tariff on the US!

Friday, April 4, 2025

American Iron and Steel Institute praises Trump

Friday, April 4, 2025

Poor quality steel alert in Thailand: Federation of Thai Industries calls for stricter inspections

Friday, April 4, 2025

ArcelorMittal South Africa closure delayed by six months

Friday, April 4, 2025

EUROMETAL discusses critical steel sector issues with European Commission

Friday, April 4, 2025
Follow List
Expand
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
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