14:33, 23 December 2019

TMK Announces the U.S. Department of Justice Approved Tenaris’s Acquisition of IPSCO Tubulars from TMK

PAO TMK, a Russian company and manufacturer of steel pipe, a Metal-Expo regular exhibitor, announces that the U.S. Department of Justice (DOJ) has closed its investigation of Tenaris’s proposed acquisition of IPSCO Tubulars, Inc. from PAO TMK.

The proposed transaction was entered into on March 22, 2019 pursuant to a Stock Purchase Agreement between PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, and a wholly owned subsidiary of Tenaris, an international producer of seamless and welded pipe. TMK expects to be able to consummate the transaction shortly.

Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.

New on the topic

Severstal Constructing New Terminal at the Cherepovets Airport

Russian steel giant Severstal , a Metal-Expo regular exhibitor, has decided to finance the construction of an internal air terminal at the airport complex of Cherepovets. The project is part of a program to replace ...

20 January, 11:05

MMK Retains Top Positions in Rating of Producers of Flat and Coated Steel

Metal Supply & Sales journal, the Metal-Expo General Information Sponsor and the event's regular exhibitor, rated Magnitogorsk Iron and Steel Works , a Metal-Expo regular exhibitor, the top one amo...

16 January, 14:26

Primetals Technologies Completes AOD Improvement

India’s Jindal Stainless Ltd. has issued the final acceptance certificate on an upgrade to the No. 1 AOD converter at its Jaipur, Odisha, plant. According to project contractor Primetals Technologies , a Metal-Expo regular exhibitor,...

15 January, 14:33

OLIMPIA 80 Leader Company in LINEAR CAGE FORMING Technology

Olimpia 80 , a Metal-Expo regular exhibitor, has recently installed in Chile for one of the world’s leading steel company Perfimet S.A., a HF tube mill for carbon steel model SCF 20-75 Linear Cage Forming for square and...

13 January, 12:53
Subscription to newsletter