Sept. 28, 2016

Tenaris to Restart OCTG Mill

Tenaris, the Luxembourg-based tube maker, will resume production at its AlgomaTubes seamless mill in Sault Ste. Marie, Canada, in November. The company has begun recalling the 120-150 union employees that were laid off earlier this year. The company temporarily idled production at the facility in March, citing heavy import penetration.

While volatility persists, a modest improvement in the market forecast and government support for Canadian manufacturing prompted the decision to commence operations, executives say. Production at AlgomaTubes will support Tenaris’ Rig Direct service model in Canada, working directly with customers to synchronize OCTG manufacturing with drilling operations.

“We are cautiously proceeding to restart Algoma, understanding today’s environment remains difficult,” says Guillermo Moreno, Tenaris vice president and managing director, Canada.


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