26
Nov
15:17
Tenaris to cut 90 jobs in Arkansas
US tube producer Tenaris is cutting about 90 jobs from its Hickman, Arkansas, energy tubulars mill due to weak market conditions, Kallanish learns from a company statement.
“Drilling activity in the oil and gas market has been steadily declining. This has had a direct impact on tubulars, which has been further compounded by a significant level of unfairly traded OCTG (oil country tubular goods) imports, despite the low demand,” Tenaris says. “T…
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Anonymous
Very good overview of the weekly steel market.
Anonymous