TPI January 2024

Business & market news

Formation of new US OCTG manufacturers association aims to develop domestic supply chain

The group estimates it represents about 75 per cent of US OCTG production. The new trade association appointed veteran Washington trade lawyer Roger Schagrin of Schagrin Associates as its general counsel. “Our goal is to level the playing field for the US OCTG industry and bring OCTG imports down to market shares aligned with basic steel products. At a time when US trade and climate policy is focusing on decarbonisation, it is important that US OCTG manufacturers offer exploration and production companies domestically manufactured, reliable, low-GHG products.” The new association is looking forward to working with the Administration and Congress to strengthen American energy and national security by promoting a healthy, domestic OCTG industry. US OCTG Manufacturers Association www.tenaris.com

of USOMA. “As American energy production is a matter of national security, we must promote and develop reliable, domestic supply chains, such as a world-class US OCTG industry. “Foreign producers, many from countries that do not have a local OCTG market, and, consequently, have non-market excess capacity, account for roughly half of the US market.

Six US OCTG manufacturers have announced the formation of a new Washington DC, US-based trade association called the US OCTG Manufacturers Association (USOMA). The six companies are Tenaris in the USA, Vallourec Star LP, Borusan Pipe US, PTC Liberty Tubulars, Welded Tube US and Axis Pipe and Tube. The group elected Luca Zanotti, Tenaris president for the USA, as chairman

“The US industry can replace these imports and create thousands of high paying jobs in American OCTG plants and in the American steel plants that supply their hot rolled coils, while reducing the carbon footprint,” said Mr Zanotti. The six members of the new trade group have 19 facilities in nine states and employ approximately 7,500 US workers.

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