United States Steel Corporation will restart the No. 1 Electric-Weld Pipe Mill at Lone Star Tubular Operations in Lone Star, Texas. The No. 1 Mill was completely idled in 2016 on account of difficult market circumstances for tubular merchandise created by fluctuating oil costs, diminished rig counts and excessive ranges of unfairly traded imports.
The Lone Star No. 1 Mill will present full-body normalized electric-welded pipe in dimension ranges 7” to 16” outdoors diameter for purchasers throughout the U. S., together with the very energetic Permian Basin.
“We are inspired by an enchancment in market circumstances and an elevated buyer demand for tubular merchandise which might be mined, melted and made in America,” mentioned President and Chief Executive Officer David B. Burritt.
“We proceed to judge all choices to align our manufacturing capability with the rising power market. Restarting the Lone Star No. 1 Mill will give our clients entry to the high-quality electric-welded pipe they anticipate from U. S. Steel,” mentioned Senior Vice President – Industrial, Service Center and Mining Solutions and Interim Head – Tubular Douglas R. Matthews.
The Lone Star No. 1 Mill has an annual capability of roughly 400,000 tons. U. S. Steel anticipates hiring 140 new workers. The restart course of will start instantly and will likely be accomplished in early third quarter 2019. Restart prices will not be anticipated to be materials. (Source and picture USSC)
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