Copying and distributing are prohibited without permission of the publisher
(AMM) U.S. Steel plans departure from DOM tubular business
January 05, 2009 - 22:19 GMT
Location:
PITTSBURGH
U.S. Steel Tubular Products Inc., Dallas, a subsidiary of U.S. Steel Corp., is exiting the drawn-over-mandrel (DOM) tubular products business.
Instead, U.S. Steel will focus more on its core businesses, and DOM tubulars don't fall under that umbrella, a company spokesman said. In 2008, U.S. Steel Tubular Products shipped about 50,000 tons of DOM products, which accounted for less than 3 percent of the company's tubular shipments for the year.
The company will close the DOM lines at its Texas operations division in Lone Star, Texas, resulting in 50 employees losing their jobs.
All current booked orders will be produced and shipped consistent with original commitments, the company said.
U.S. Steel Tubular Products is in the process of notifying customers of its decision to exit the business. DOM...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
Subscribe
A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.
Subscribe
Free trial
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.
Free trial