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26 Feb
00:00

Tenaris announces layoffs at Texas welded tube plant

Tubemaker Tenaris will temporarily suspend operations at its welded tubes mill in Texas, Kallanish learns from the company. This will mean that approximately 230 employees will be laid off at the Conroe facility, Tenaris confirms.  The action will be effective from 24 April 2015. “Record levels of unfairly traded imports of OCTG (oil country tubular goods) from South Korea and the sharp decline in the price of oil and consequential reduction in dr…
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