Worldwide stainless crude steel production declined by 1.0% to 24.3 million metric tons (mmt) in 2005, according to the International Stainless Steel Forum (ISSF). It was the first decline in yearly production since 2001. Production was cut in the second half of 2005 due to dramatically reduced demand attributed to stock reductions by distributors and manufacturers.
Sun Pipe and Valves, LLC, a multi-line stocking wholesale distributor of industrial PVF and waterworks products, has opened in the Saint Lucie West, FL, industrial area. Formed in 2005, the distribution company operates out of a $2 million, three-and-a-half-acre, 35,000-sq-ft. facility and warehouse.
The U.S. International Trade Commission (ITC) announced on April 6 as a result of its five-year (sunset) reviews to keep antidumping duty orders on imports of small diameter carbon and alloy seamless standard, line and pressure pipe from Japan and Romania, and large diameter carbon and alloy seamless standard, line and pressure pipe from Japan.
The increase in heavy commercial and industrial construction projects in the U.S. is causing problems for plant owners and developers procuring the necessary construction equipment for construction sites, according to Industrial Information Resources.
Cooper Cameron has elected John Carne, president of the Cooper Cameron Valves Division, as a senior vice president of the parent company, Cooper Cameron Corp. Carne was previously a vice president of Cooper Cameron and will continue in his role as president of CCV, a position he has held since April 2002.
Maverick Tube Corp. has entered into a marketing agreement with Rocky Mountain Steel Mills (RMSM), whereby Maverick will have the exclusive worldwide right to market and sell RMSM premium seamless oil country tubular goods (OCTG) products. This agreement is for a minimum of 48,000 tons per year and commences immediately.
IPSCO Inc. announced an expenditure of $27.5 million on a coil preparation facility and other related enhancements to its large diameter spiral pipe mill operations located in Regina, Saskatchewan. The new prepping area and equipment modifications will improve yield and productivity, as well as increase capacity in excess of 25% from these mills. Upon completion of the project, IPSCO's annual large diameter capacity, which is dependent on varying pipe diameters, may exceed 375,000 tons.
Walter Industries Inc. announced in early March executive changes to prepare for a strategic realignment of its businesses. As previously announced, the company has submitted an S-1 filing to the Securities and Exchange Commission for an initial public offering (IPO) of the company's Water Products Business (Mueller, Anvil and U.S. Pipe).