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TMK Ipsco inks OCTG deal with Sooner

Keywords: Tags  TMK Ipsco, Sooner, oil country tubular goods, OCTG, Scott Barnes, Marubeni-Itochu Steel, Thorsten Schier


NEW YORK — TMK Ipsco, the North American subsidiary of Russian pipemaker OAO TMK, has signed a full-line distribution agreement for oil country tubular goods (OCTG) with Sooner Pipe LLC.

"Sooner and TMK Ipsco have had a very long relationship with TMK UP premium connections, which has proven beneficial to both companies," Scott Barnes, senior vice president and chief commercial officer of Houston-based TMK Ipsco, said in a statement. "Sooner has consistently met or exceeded TMK Ipsco’s expectations, so it is appropriate to expand our association to another level."

Japanese trading firm Marubeni-Itochu Steel Inc. acquired Houston-based Sooner for $600 million in September (amm.com, Sept. 9).


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