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19 Jun
17:52

TMK Ipsco to idle Iowa OCTG mill

TMK Ipsco plans to idle its Camanche, Iowa, facility due to market conditions, Kallanish learns from a company representative. Spokeswoman Donna Smith confirmed that the plan will be idled and 101 workers of 119 temporarily laid off until market conditions improve. The idling is due to a drop in the price of oil, which is affecting companies throughout the oilfield supply chain, she says. Several major US steel companies – notably US Steel – ha…
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