TMK pinning success on own operations, not OCTG case

Mar 04, 2014 | 11:19 AM | Thorsten Schier

Tags  TMK Ipsco, oil country tubular goods, OCTG, anti-dumping, trade case, Piotr Galitzine, Scott Barnes, China Thorsten Schier

HOUSTON — Rather than relying on trade action against oil country tubular goods (OCTG) imports, TMK Ipsco is continually working to make its operations more competitive, company executives said on the sidelines of AMM’s seventh annual Steel Tube and Pipe Conference in Houston.

"We had hoped for a better (preliminary) result (in the OCTG anti-dumping case against nine countries). The fact that we haven’t got it is not the end of the world," said Piotr Galitzine, chairman of the Houston-based subsidiary of Russia’s OAO TMK. "We’ve been working on reducing our costs of production for years, and in a market which has shown a tendency towards flattish, weakish prices for the last year and a half, we think that’s of....

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