OMK’s OCTG project spurred by bullish view

Feb 27, 2013 | 01:49 PM | Thorsten Schier

Tags  Vladimir Markin, OMK, Houston, ERW mill, OCTG, Thorsten Schier

NEW YORK — United Metallurgical Co.’s (OMK’s) bullish outlook for the U.S. oil and gas market prompted its $100-million investment in a new oil country tubular goods (OCTG) mill near Houston, president Vladimir Markin told AMM on the eve of the plant’s official opening.

"We have a very positive view on the future development of the oil and gas market here. The market is growing and the consumption of pipes also will grow," he said through an interpreter. ....

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