The Official Publication of the National Association of Steel Pipe Distributors, Inc. • 3rd Issue 2008 The NASPD 2008 Fall Conference in Historic Boston National Association of Steel Pipe Distributors, Inc. 1501 E. Mockingbird Lane, Suite 307 Victoria, TX 77904 PRSRT STD US POSTAGE PAID HOUSTON, TX PERMIT 542 Corporate Headquarters - Mineola, NY (800) 272-8277 Houston, TX (888) 839-8277 www.vasspipe.com Baton Rouge, LA (225) 755-8277 President’s Message Pipeline 3 MARK YOUR CALENDARS 2008 Events 2008 Fall Conference October 9-11, 2008 The Fairmont Copley Plaza Boston, MA Steel Pipe Basic Education Course October 27th - 28th Houston Post Oak Hilton Houston, TX 2009 Events 2009 Annual Convention March 12-14, 2009 Beverly Wilshire Beverly Hills, CA 2009 Summer Conference May 28-30, 2009 Four Seasons Resort Jackson Hole, WY In writing this article I reference back to our Pipeline Issue from the Fall of 2004 where the President, at that time, Robert Griggs said “Well it's been a crazy year with steel prices at record highs and availability of some items getting tricky”. This was four years ago and isn't it funny how it fits today's scenario perfectly? One thing that has changed tremendously since 2004 is our organization, look how we have grown in numbers and strength. Our staff has continued to exceed all of our expectations, the meetings have continued to add value to our business operations and the membership has grown and benefitted immensely. This fall in Boston will be my last official meeting as President and I cannot express enough how honored I have felt in this position. With continued involvement and dedication of so many great members Dianne Burger, NASPD President and staff the future for our organization continues to look very bright. P.S. Be sure to get your employees, new and old, registered for the Basic Education Course, it's the best bargain the NASPD has to offer! 2009 Fall Conference October 1-3. 2009 InterContinental Chicago Chicago, IL 2010 Events 2010 Annual Convention February/March City/State TBA 2010 Summer Conference June Pittsburgh, Pennsylvania 2010 Fall Conference September/October Coeur d’Alene, Idaho Dispatches Contributed by NASPD Members Northwest Pipe Company Announces Houston Expansion VANCOUVER, WA -- Northwest Pipe Company (NASDAQ: NWPX) announced plans to construct a new tubular products pipe manufacturing facility in the Houston, Texas area. The Company is finalizing site location and permitting issues and expects to begin construction this summer. The Company expects the new facility to begin operations by April 2009. The new facility will focus on producing casing pipe for the Oil Country Tubular Goods ("OCTG") market. "Our energy pipe business has grown substantially over the last few years," said Brian W. Dunham, CEO and president of Northwest Pipe Company. "We see additional opportunities, particularly in this region of the country. This expansion will enable us to participate in the market for pipe used in gas exploration, which will complement our existing position in pipe used for gas gathering and transmission." While this will be a new facility, the Company already has the necessary equipment located in Portland, Oregon. "We will redeploy a complete and recently modernized production line to address this (continued on pg. 4 - DISPATCHES) From the Executive Director Robert Griggs Dennis Hayden Ken Hayes Cliff Hobbs Bobby Kanz Don Karchmer David Keiser Tim Lally Ray Schmidt Greg Semmel Nelson Smith Wesley Solansky Cathy Streff Todd Womble Pete Knowles Our next Basic Education Course is schedule in Houston October 27th and 28th. Be sure to register now on our website at www.naspd.com . TMK, one of the world’s largest oil and gas pipe producers, announced in June that it completed the acquisition of the US companies and assets of IPSCO Tubular’s business from SSAB Svenkst Stal AB under a back-to-back transaction with Evraz S.A. (Evraz). I am very excited about our Fall Conference in Boston. The history in Boston gives one such a sense of what America was founded on, and to go during an election year, only adds to the excitement. Fred and Ted Kahn's sister, Dr. Barbra Kahn, has graciously invited us to have our Friday dinner at the private Harvard University Faculty Club. We will start our evening with a brief walking tour of the legendary campus. TMK acquired 100% of share capital in IPSCO Tubulars Inc. and 51% of share capital in NS Group Inc. for approximately 1.25 billion USD. TMK and Evraz have also entered into a call/put option for the remaining 49% of NS Group Inc. which may be exercised for approximately $0.5 billion subject to certain adjustments. If you haven't been to Boston it really is livingAmerican history and a place that will inspire a true appreciation for how our nation came to be. I encourage everyone to read the book or watch the HBO miniseries John Adams before going to Boston. Our program will include Keith Busse and Joe Alvarado with industry updates, an insightful discussion on trade led by Mike Evans and trade attorney Matt Nolan, and an inside look at on of the worlds largest municipal projects "The Big Dig". The purchase of IPSCO Tubular’s US assets is an essential part of TMK’s strategy to expand the company’s global presence and increase offer of high-tech, premiumclass, tubular goods for the oil and gas industry. TMK acquired ten production sites in seven States with combined pipe production capacity over one million tonnes, including about 300 thousand tonnes of seamless pipes and in-house steelmaking capacity of 450 thousand tonnes of billets per year. In addition to pipe rolling and steelmaking Be sure to thank to Fred Kahn and Mike Evans for going above and beyond the call of duty in putting together a memorable program. Jim Barnes Charles Boatright Dianne Burger Bill Carleton, Jr. Earle Cohen Rusty Fisher Steve Fowler Andrew Grebe John McClure Jack McCarthy Catherine McIntyre John Mocker Andy Pearl Yves Pognonec Jim Rollandi Jason Rubenstein market. Its capabilities are 2 inches to 7 inches in diameter with wall thicknesses up to .375 inches," said Dunham. "We see this as an excellent opportunity to put idled capacity back into production, and to do so in the heart of the market we expect to serve. We believe the combination of our equipment, location, the people we already have in place in Houston and the distribution system we already have set up for our other products will make us a very efficient and effective producer.” TMK Completes Transaction to Acquire IPSCO U.S. Assets by Susannah Feux Porr NASPD Executive Director Our Training Manual has been completely renovated and renamed The Fundamentals of Steel Pipe. Our sincerest thanks go out to Bill Buckland for his leadership and hard work, to Don Bohach and Gerald Merfish for always giving their time and input on the toughest questions and to all those who contributed their time and expertise: (continued from pg. 3 - DISPATCHES) (continued on pg. 7 - DISPATCHES) PIPELINE STAFF and NASPD CONTACT INFORMATION Executive Director/Publisher Susannah Feux Porr Office Administrator Gail Belcik Editor/Publishing Services/Advertising Sales Linda W. Key NASPD MEMBERSHIP AND SERVICES: NASPD Headquarters: 1501 E. Mockingbird Lane, Suite 307 Victoria, TX 77904 Phone: 361-574-7878; Fax: 832-201-9479 E-mail: info@naspd.com Office hours: 8:30 am - 5:00 pm CST Web site: http://www.naspd.com. ADVERTISING IN PIPELINE: Linda Key: phone 361-649-5562; fax 866-381-6172; email: lwk@key-assoc.com; delivery address for advertising materials: 103 Garden Place, Victoria, TX 77904. © 2008 National Association of Steel Pipe Distributors, Inc. All rights reserved. No part of this publication may be reproduced or utilized in any form, or by any means, electronic or mechanical, including photocopy or other recording, or by any information storage or retrieval system, without the express written permission of the publisher, the National Association of Steel Pipe Distributors, Inc. (NASPD), a nonprofit organization representing the steel pipe and tubing industry. The views expressed herein are the opinions of the authors, and do not necessarily represent the policies or opinions of NASPD. 6 Pipeline Guest Article By Scott Playfair There are many ways to improve productivity investing in technology, utilizing time management techniques, outsourcing purely administrative tasks even proper document control. But the one thing that all organizations have in common are people and the processes that they perform. Frequently, issues affect those people and processes resulting in less than optimum productivity. Some of the factors that contribute to substandard productivity are lack of clearly defined job responsibilities, unclear work flow, no clear mission guiding employee focus, redundant or out of control processes, and lack of teamwork. Today's global business leaders depend on significant productivity increases to maximize the bottom line. Consequently, employees are asked to do more each day with less, many times resulting in inefficiencies and loss of productivity. Fortunately, employee productivity Amazing Productivity Increase with No Additional Resources increases can be achieved by knowing more about how your employees spend their time performing the processes that they own. Operations of all types of companies from manufacturers to service providers to distribution are comprised of a series of business processes. Using proven methods, obtaining employee ownership of those processes is simple - by working with the process owners, map out their processes and have them identify problems and opportunities for improvement. By streamlining and clarifying processes, eliminating waste, and applying common sense process improvement tools, an organization can vastly improve their bottom line. One approach for team based process improvement provides breakthrough results by empowering employees to understand their own processes and to take the initiative to identify those opportunities that improve your bottom line. They understand how to not only identify the projects that offer the most substantial benefit/return, but also how those projects can be efficiently and economically implemented. Implementation is most often the biggest single challenge for the organization. Clarifying and streamlining an organization's processes, making straight forward improvements, and allowing the same resources do more, not only increases productivity but also translates into significantly improved morale. All of these activities result in a better bottom line. Consider this example: Recently, during a review with a company who had completed a significant process improvement but before the project completion, the head of (continued on pg. 10 - PRODUCTIVITY) Pipeline 7 (continued from pg. 4 - DISPATCHES) capacity, the acquired assets boast 450 thousand tonnes of annual heat treatment capacity, about 750 thousand tonnes of threading capacity and up to 240 thousand joints of Premium connection capacity. “We are very pleased with the acquisition of IPSCO Tubular’s US assets that became TMK’s largest acquisition to date. The consolidation of the new assets into TMK will considerably expand the Company’s product mix with additional production and finishing capacity of high-technology tubulars in the world’s largest oil and gas pipe market”, said TMK Chairman, Dmitriy Pumpyanskiy. Founded in 2001, TMK is the largest pipe producer in Russia and one of the three global market leaders. In 2007, TMK shipped over 3 million tonnes of pipes. TMK supplies to companies in more than 60 countries. Marmon/Keystone announces expansions Marmon/Keystone has announced Pennsylvania, Ohio and California. International Inc. INVENTORY Quantity OD Wall Grade Process 12.750” 0.812” X60 SMLS TENARIS LACQ 1,312’ 12.750” 1.250” B DSAW PRODUCTOS TUBULARES LACQ X60 HFI MANN. BARE 5,000’ Stewart Lichtman, regional director, who will oversee the new facility, said, “Expanding in Pottstown will facilitate our growth in the region through increased and deeper inventory levels. With rail service already in place, we can maximize our inbound shipments of bulk products.” The company plans to add additional plate NASPD processing equipment to service their growing industrial base. Marmon/Keystone also announced the recent opening of a new depot to handle hot rolled seamless mechanical tubing. The material is available at the company’s present breakbulk facility in Bucyrus, Ohio. In addition to housing large volumes of hot rolled seamless tubing, the 150,000 sq. ft. building contains multiple state-of-the-art Amada automated CNC saws that can provide value added services for cut-to-length orders. MEMBER Professional Affiliate Member Coverages Available: The original break-bulk facility was established in 2005 as a receiving source for incoming material from several mills. The inventory is shipped to locations across the country and has resulted in more efficient service and reduced lead times. (continued on pg. 8 - DISPATCHES) 20” 0.500” 24800 Pitkin Road, Suite A • The Woodlands, TX 77386 Phone (281) 367-6608 •Fax (281) 367-9017 www.primepipe.com bud@primepipe.com jim@primepipe.com CAC CRANE Carleton-Berra Insurance at Crane Agency Property Business Income and Extra Expense EDP-Computer “The new HRS depot offers a tremendous range of hot rolled mechanical seamless tubing in one location,” said Ron Lenhart, national marketing manager, “This provides our twenty-six locations with greater accessibility for large volume requirements, yielding faster delivery to our customers.” Finish 84’ operation expansions in Bushwick-Koons Steel of Parker Ford, Pa., a division of Bushwick Metals, Inc. has announced the leasing of a 120,000 sq. ft. facility in the Pottstown Industrial Complex, Pottstown, Pa. A general line steel service center, Bushwick-Koons specializes in wide flange beams, pipe, tubing, and flat roll products. Value added services include saw cutting, shearing, flame cutting, cambering, and bending. Mill Equipment Breakdown Transportation Coverage General Liability Including Products and Completed Operations Automobile — Truck Fleet Workers Compensation Umbrella Liability Insurance Brokers Since 1885 We are specialists in risk management for steel pipe distributors. 15 of your fellow members are current clients — some for 12+ years. We will gladly refer you to one or more of them when you call us. Contact: Bill Carleton or Tom Berra, Jr. 400 Chesterfield Center, Ste. 320 Chesterfield, MO 63017 Ph: 800-946-3884, Fax: 800-946-5670 E-mail: Carletonb@craneagency.com or Berrajr@craneagency.com 8 Pipeline Welcome New Members ---SINCE 1980--Specializing in heavy wall Pipe & Tubing cut to length. Prime X-Grade heavy wall Line Pipe. 320 ft 3.500 x .875 APIX42 2500 ft 3.500 x .600 Structural 1700 ft 4.500 x .674 Structural 4000 ft 6.625 x .500 APIX65 3000 ft 6.625 x .611 A106C 2900 ft 10.75 x .625 Surplus 1500 ft 12.75 x .500 APIX52 850 ft 14.00 x .500 Structural 3000 ft 16.00 x .250 APIX65 5800 ft 16.00 x .250 #2 Used 1000 ft 16.00 x .500 A106B 520 ft 16.00 x .906 Structural 7100 ft 18.00 x .750 #1 Used 530 ft 24.00 x .375 APIX65 800 ft 24.00 x .688 Structural (continued from pg.3 - DISPATCHES) Please join NASPD in welcoming our newest members. Ready Pipe & Steel, LLC. Ready Pipe & Steel, LLC is a Regular Member. Products manufactured 4” - 132” O.D. steel pipe, ASTM A-53B, A252-2, API5LX, and A120. Product grade are prime, reject, limited service and used of domestic and imported origin. Specifications handled are A106, A53, API and AWWA. Sizes range from 4” - 132”. Services offered include cut, weld, coat, and roll with a specialty of structural grade line pipe. Transportation is by common carrier. Otis Naff is the NASPD contact. Ready Pipe & Steel, LLC. Otis Naff 9766 19th St. #127. Alta Loma CA91701 USA 909-483-5790 909-483-3140 (FAX) otiewon@charter.net 1000 ft 24.00 x .750 Structural 5250 ft 24.00 x .857 APIX70 3248 ft 24.00 x .942 APIX70 SEBA Pipe Ltd. 4800 ft 24.00 x .955 APIX70 700 ft 24.00 x 1.00 Surplus 680 ft 26.00 x .750 APIX56 290 ft 26.00 x 1.50 Structural 3076 ft 42.00 x .630 APIX70 Seba Pipe Ltd. is an Associate member. They offer prime grade products from Turkey, Russia, China, Korea and South Africa. Specs handled are ASTM A53, A106, A500, A519, API 5L, and API 5CT. OCTG specs handled are J-55, K-55, L-80 and P-110. Sizes ranges are casing to 133/4” and line pie to 24”. Specialties are ERW and seamless (including heavy wall) to 24” O. D. Seba also offers logistic services. The Omega Steel Group consists of Omega Steel, Premium Pipe, and Sligo Steel, the oldest Steel Company west of the Mississippi, established in 1834. F. Don Baysal is the NASPD contact. SEBAPipe, Ltd. 9801 Westheimer Ste. 203 Houston TX 77042 USA 713-780-9116 sebaint@aol.com 1-800-325-9000 3460 Hollenberg Drive St. Louis, MO 63044 (314) 209-0992 Fax (314) 209-0998 www.omegasteel.com (continued from pg. 7 - DISPATCHES) The third announced expansion is for AZCO Steel, a division of Bushwick Metals, Inc., with plans for opening a distribution center in Pomona, California. This facility is expected to be operational by October 1. David Maslin, director of sales & marketing as AZCO Steel Co., will have full responsibility for the new location. “Our entry into California will give our West Coast customers easier access to our expanded inventory of 10,000 tons of hot rolled carbon steel jumbo beams, angles, and channels,” stated Maslin, “The facility is well situated to receive rail shipments from our main distribution point in Blytheville,Arkansas. AZCO Steel specializes in the distribution of structural steel products in sizes and grades ofA588 andA992. Bushwick Metals and Marmon/Keystone are Marmon Distribution Services Companies and members of the Marmon Vonnie Grether Personnel, Inc. Vonnie Grether specializes in supplying quality candidates for the Steel Pipe and Tube Industry. Recruiting emphasized experience in the industry and team building within a company. • Administrative Staffing • Accounting/Financial • Sales Assistants • Logistics • Inside Sales • Outside Sales • Management 15470 Bay Tree Landing Cypress, TX 713-463-0202 Office 713-963-0202 Cellular vgrether@entouch.net Pipeline 9 Group, an international association of more than 125 companies that operate independently within diverse business sectors. Novolipetsk Steel to Acquire John Maneely Company Moscow, Russia and Washington, DC Novolipetsk Steel, the leading Russian steel producer, has signed a definitive agreement to acquire U.S. steel pipe and tube manufacturer John Maneely Company (JMC) from a shareholder group including global private equity firm The Carlyle Group and the Zekelman family for US$3.53 billion, acquiring the company on a debt free, cash free basis. The transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2008. JMC is the largest independent tubular manufacturer in North America, with the most diverse product platform in the North American pipe and tube industry. Through its Wheatland and Atlas Tube divisions, it maintains a #1 market position in North America in each of its three core product categories: Hollow Structural Sections (HSS), standard pipe and electrical conduit. During Carlyle's ownership, sales increased by $800 million, a 36% percent rise, from $2.2 billion in fiscal 2006 to an estimated $3 billion in fiscal 2008. Formed through the combination of John Maneely Company and Atlas Tube in December 2006 and headquartered in Beachwood, Ohio, JMC operates eleven plants in five U.S. states and one Canadian province. The acquisition of JMC fits with NLMK's stated strategy of portfolio diversification and downstream integration in the core markets of the company. It strengthens NLMK's position in North America and provides an entry point into an important and high margin end market. NLMK, through its joint venture with Duferco Group, has two manufacturing facilities in the U.S., Duferco Farrell Corp. and Sharon Coating, LLC. Duferco Farrell is currently the key supplier of hot rolled coils (HRC) to JMC and in particular the largest supplier of HRC to JMC's Wheatland division, to which it is closely located. Vladimir Lisin, Chairman of NLMK, said, “We are delighted to have secured an entry into the highly attractive U.S. pipe and tube (continued on pg. 10 - DISPATCHES) PIPE, TUBING, PLATE AND 78 Since 19 Kahn Stee l Co . ome. d then S el an ing in Ste Everyth New Non Tested Structural Grade Pipe A53 Grade A & B Specializing in 3/4" thru 42" Sucker Rod - Guardrail - Coil Tubing Surplus, Reject Square and Rectangular Tubing “We buy your secondary/surplus steel products” Buying, Selling, and Shipping Nationwide Looking To Buy Surplus, Secondary Steel Products Anywhere 800-828-5246 / 800-684-5246 www.kahnsteel.com New 30", 36", 60" x .450" x 40' BEV Pipe - Domestic New 42' x .500" x 71' C.T.L. A252 GR 2 Prime w/ MTR’s 6 x 6 x .250 x 48' KAYEM Pipe & Steel, Inc. P.O. Box 130143, Dallas, TX 75313-0143 (214) 979-0042 (214) 979-0074 Fax Over forty-five years of experience in servicing and supplying the Oil & Gas Industry with Prime API OCTG and Line Pipe. Our stock size ranges: Casing: 4-1/2” thru 16” J-55 & Alloy Grade Tubing: 1-1/4” thru 3-1/2” J-55 & Alloy Grade Line Pipe: 2-3/4” thru 12-3/4” API 5L, X-42, & A-106 Please call or e-mail us for your tubular requirements. d.kayem@kayempipe.com (Doug) max.kayem@kayempipe.com (Max) ds.ashley@kayempipe.com (Donna Sue) s.guckian@kayempipe.com (Sheila) j.mustafaa@kayempipe.com (Joyce) Houston Office: (281) 210-1090; Fax (281) 210-1091 f.lundberg@kayempipe.com (Fred) Cell (713) 253-0833 g.hillman@kayempipe.com (Garrett) 10 Pipeline Thankyou Thank you Sponsors 2008 Summer Conference San Francisco - June 12-14 Platinum Edgen Murray Corporation North American INTERPIPE, Inc. Gold Kurt Orban Partners LLC** Mill Man Steel, Inc. North American INTERPIPE, Inc. Northwest Pipe Company Roscoe Moss Co. ShawCor Pipe Protection LLC Tenaris Global Services** Challenger Pipe & Steel, LLC. ** Indicates two sponsorships on this same level (continued from pg. 6 - PRODUCTIVITY) the company was asked what the business outlook for 2007 was forecast to be. He said revenue / profit would be flat not because more business wasn't available but because he did not have corporate approval for added resources and therefore couldn't capitalize on opportunities to grow organically. Does this sound familiar? It seems that many companies are in similar circumstances these days, especially in the booming Houston economy. It's a great problem to have but what a frustrating situation for leaders. During the review, they talked about many things, primarily focused on the implementation of process improvement. The conversation evolved to the subject of how the business was doing since early 2007. The head of the company said that profit was up 20% or more. “That's great! So corporate did allocate the added manpower and capital that you were requesting?” He said that nothing had changed in that regard and he had the same people utilizing the same equipment. “If all was the same with resources, how could profit be up over 20%?” He said, “It was the process improvement effort!” His company was doing over 20% more with the same Silver Maurice Pincoffs Company, Inc. Roscoe Moss Co. TMK North America, Inc. Bronze BALL WINCH Pipeline Services** CPW America Co. Fortenberry Pipe & Supply Co. Houston Steel & Pipe International Independence Tube Corporation Independent Pipe & Steel, Inc. Interpipe, Inc.** Kayem Pipe & Steel, Inc. Liberty Companies** Omega Steel Co. SDB Trade International, LP Tex-Tube Company TMK North America, Inc.** people and equipment. The only thing that changed was the improvement of how they performed their processes and their committed ownership for the success of the improvements. They were not working any harder. They were working smarter, resulting in increased productivity, volume, efficiency, morale, and profit. This story really drives home that any business's only “true” competitive advantage is their people. The key to capitalizing on that competitive advantage is “team-based continuous process improvement” with the support of a committed management team. An elegantly simple management philosophy that always, always holds true. Scott Playfair, President P Squared Management Consulting Web site: www.p2mc.com NASPD (continued from pg. 9 - DISPATCHES) market and we are confident that the incorporation of JMC's quality assets into the NLMK group will prove to be a highly attractive investment for NLMK's shareholders as well as a beneficial development for JMC's customers and employees.” Barry Zekelman, Chief Executive Officer of JMC, said, “Our hard work these past few years has demonstrated that Atlas and Wheatland are formidable players in their served markets. We are proud to become part of the NLMK steel family and believe the future is bright for the company and its dedicated employees.” Judges Trade Robes and Gavels for Work Clothes, Gloves and Grabbers At ‘Clean 'Clean & Green Judges Day' In June, judges from the Harris County Drug Treatment STAR (Success Through Addiction Recovery) program got "down and dirty" on a Saturday. They traded their robes and gavels for work clothes, gloves and "grabbers" and joined 100 volunteers, in a two-hour successful clean-up on and along the banks of Buffalo Bayou in Houston. (continued on pg. 15 - DISPATCHES) 12 Pipeline Guest Article By Curt Frisby Despite record price spikes, long term trends in the oil and gas exploration industry bear close scrutiny by steel marketing professionals. A balanced marketing approach in today's supercharged environment is essential, having a sense of where the market has been and its direction is paramount. The modern drilling industry would be unrecognizable if not for steel and tubular goods. Virtually every stage of energy exploration evolves from metal components and tubing. Piping platforms operate in depths and reaches unimagined by drilling pioneers. Floating steel drill ships ply waterways to slake global thirst for hydrocarbons, accompanied by a dizzying array of products composed of metal: liners, hangers, packers, casing, drill pipe, screens, tongs, fishing tools, bits, mandrels, couplings, umbilicals, tongs, etc. Pipelines traverse the ocean bottom and earth surface to bring oil and gas to market. The relationship of alloying steels to oil is more than symbiotic, it is axiomatic that as goes demand for crude, so goes steel. Pricing volatility has characterized hydrocarbon extraction markets since its inception. The crashes of 1982 and 1986 are well documented, suffice to say even conservative companies were savaged by the downturn. Compare the oil futures benchmark of $145/barrel for July 3, 2008, to the $10/barrel OIL AND STEEL cost of 1999. Predicting commodity energy pricing is a fickle undertaking at best, how should metal executives cope with price swings endemic to the hydrocarbon extraction industry? Perhaps the best plan is to emulate a cardinal rule of stock market traders: it is not how much you can make, rather, how much a transaction can lose. Estimates by the IEA of world oil usage are targeted for the 3rd quarter at 85.4 million b/d, down from 86.6 for the 4th quarter of 2007. Current supply stands at 85.64 million b/d, thus a positive balance of supply of .21 million. However, except for the last eight months, global demand for years has been exceeding supply by nearly a million barrels a day. Economists are predicting a modest 3% annual global growth rate through 2013. To match this rate, it is estimated it will take an additional 28 million b/d of crude brought to market. The global imbalance of supply to demand points to an ongoing drilling trend, if not a dramatic increase. Whither, then, the benchmark price for crude? And how to plan for stocking and manufacturing levels in exploration-quality alloy steels? As predictions are tricky business, let us assume an absolute tanking of the commodities market. Today's price hovering at between $110 - $120/barrel is halved, resulting in a new benchmark issue for crude at $55 - $60. This would impact some drilling assumptions to be sure, yet, consider that as late as 2003, multibillion deepwater drilling projects were undertaken at $22 $25/barrel. Taking into account increased production costs as high as 100 %, that still leaves the $55.00 marker a reasonable profit yardstick and the $55 represents the worst case scenario. A recent undertaking in the Permian Basin adds credence to the low end of $55. Occidental Petroleum plans to separate carbon dioxide from natural gas obtained by S a n r i d g e E n e r g y, pumping the dioxides then into its aging West Te x a s f i e l d s t o stimulate production. The company stated the $1.1 billion project becomes practical with crude oil prices in the $50 range. Geopolitical events are (continued on pg.15 OIL & STEEL) Pipeline 13 Photos From 2008 Conference in San Francisco June 12 - 14 Maurine & Danny Herbert and Cathy & George Streff Cullen King & John Mortimer Dan & Kathy O'Leary David & April Schatte Attendees enjoying the Welcoming Reception. Mary Hermes & Herman Rosenberg Ron Anderson and Christine Clary Craig Lane and Peter Brebach Dewey & Samantha Stout Jane & Bruce Haupt Randy & Claudia Wohlford and CiCi & Dolty Cheramie Sharon & Chuck Woodward Euegene Lyadov learning how to dance Polynesian style. Jim Owsley Annye & Chuck King Eric and Brian Doner Richard & Elinor Gordon Attendees network at the Hospitality Suite in the historic Penthouse Suite. Attendees enjoying the Tonga Room Dinner. Fidel Nabor and CiCi Cheramie learning dancing techniques during the entertainment at the Tonga. Doug Highet, Philip Nicholas, and Susan Highet enjoying the wine tour. 8570 Business Park Drive, Suite 100, Shreveport, Louisiana 71105 Ph: (318) 227-2769 • Fax: (318) 222-0482 Pipeline 15 (continued from pg. 10 - OIL & STEEL) (continued from pg. 10 - DISPATCHES) certainly a part of the crude oil pricing matrix, witness the rise of Chinese and Indian economies and their combined use of 23 million b/d. It would be arrogant to assume third world countries accepting less than their hard earned rise to top tier status. Untapped new discoveries in the near east and Brazil are encouraging, however, geologists and industry veterans point to the decline of global mega-fields, such as Cantarell in Mexico. 70 % of world hydrocarbons are controlled by state entities, such as PDVSA (Venezuela) and NIOC (Iran) can the world even include the reserves of these countries as part of global supply? And who is willing to bet on the U.S. government sanctioning an aggressive domestic drilling program? Approximately 25 cubic yards of trash, enough to fill a typical commercial construction dumpster, was collected. This clean-up effort was part of the Clean & Green Port of Houston Program. The preponderance of issues implies a forward direction to drilling activities for some time. Combined with future negative supply ratios, steel marketing professionals can look to $50/barrel as a benchmark for a hard bottom on a possible drilling bust. More than 1,500 cubic yards of trash has been collected since the program started last September. That equates to more than 60 garbage truckloads of trash; enough to fill a basketball court more than nine feet high. Curt Frisby is an Account Manager for Marmon/Keytone. The effort enlisted judges, who worked under a blistering summer morning sun alongside 19 non-violent drug offenders from the STAR program as they performed community service work. They were joined by volunteers from the Clean & Green program partners: Shell Oil Company, Buffalo Bayou Partnership, Greater East End Management District, the Ogg Law Firm and the Port of Houston Authority. The volunteers, working the top of the port's Turning Basin, collected litter and separated plastics for recycling. The Clean & Green program is an ongoing environmental initiative that utilizes community service workers from the Harris County Community Supervision and CorrectionsDepartment five days a week to collect litter on land and in the water, via a skimmer boat. Houston Port Authority Commissioner Elyse Lanier said, "It's gratifying that the STAR judges wanted to see up close and personal what Clean & Green is all about. Now, the judges have seen exactly what goes into the work they will be asking their clients to do.” The goal of Clean & Green is to restore Buffalo Bayou to a cleaner, safer, pristine waterway through removal of trash and debris. Trash in the bayou ultimately floats into the Houston Ship Channel and Galveston Bay. The port authority and its partners want consumers to realize that any trash in the streets will go down storm drains and end up in our bayous and finally, the Houston Ship Channel and Galveston Bay. P & W INDUSTRIES, L.L.C. 68668 Hwy. 59 P.O. Box 1550 Mandeville, Louisiana 70470 Website: www.pandwindustries.com PHONE: 985/892-2461 CONTACT: DAVIS GARDNER, WILDA SHARP, HERMAN FARRINGTON, TRAVIS HOLSTON FAX: 985/892-2618 OD AVG LNGTH QTY WALL DESCRIPTION 128' Used Painted 90” .625 30-34' 76' Used Painted 66” .500 15-27' 432' 30” 1.000 Used Bare, Out of Round 22-38' 265' 28” 1.000 Surplus Bare Casing DRL 400' Surplus Bare Casing 26” .625 DRL 1,978' Surplus Bare 22” .750 38-39' 1,405' Used Casing 20” .438 10-40' 4,936' Used Tar Coated 20” .375 DRL 200' Surplus Bare Mid-welds 18” .250 24' 635' Used Bare Casing 16” .562 30-47' 395' Surplus & Used Casing 16” .438 DRL 1,866' Used Bare, Mid-welds 13 3/8” .480 35-40' 760' Used Bare, with Scale 13 3/8” .480 35-38' 500' Used Painted M/W Surplus 27-35' 10 3/4” .594 240' Surplus Fusion Bond 10 3/4” .562 DRL 1,538' Surplus Tar Coated 10 3/4” .500 DRL 375' Surplus Fusion Bond, Bare DRL 10 3/4” .500 525' Surplus Fusion Bond 10 3/4” .450 30-40' 2,247' Used Bare Casing 10 3/4” .400 DRL 3,094' Used Bare Casing 8 5/8” .400 DRL 894' Surplus Bare, Mid-welds 8 5/8” .322 19-40' 1,073' Surplus Fusion Bond 8 5/8” .322 40' 3,828' Used Painted 8 5/8” .250 38-40' 600' Used Bare Casing 7” .362 DRL 2,290' Surplus Fusion Bond 6 5/8” .432 DRL 735' Surplus Bare 4 1/2” .337 DRL 1,826' Used Tar Coated 4 1/2” .237 20-40' 662' Surplus Demet Paint 4 1/2” .237 40-47'’ ALSO AVAILABLE: BEVELLING, CUTTING & DOUBLE JOINTING. SURPLUS AND USED STEEL BEAMS 6" TROUGH 36". SURPLUS AND USED STEEL PLATE 3/16” - 1”. CALL FOR PRICING AND OTHER SIZES. A comprehensive body of knowledge specifically for the tubular products industry. A new hard bound book published by NASPD. Order yours today! Call 361-574-7878 or go to: http://www.naspd.com Pipeline 17 Conference Information Register online at www.naspd.com or fax registration form to: (361) 574-9347. For more information or questions please call the NASPD office (361) 574-7878. The deadline for regular registration was Sept. 4, 2008. You may still register, but late registration fees will apply. Non-members can attend one meeting before joining. Late registration fee is $50 and must be included for each registration received at the NASPD office after Sept. 4. Late registration fee for single event registration is $25. Payment for late registration will only be accepted by credit card. Payment must be paid in U.S. currency. Speakers Paul Pedini, Sr. Vice-President, Jay Cashman, Inc. “The Big Dig – An Inside Look Into the Largest Civil Engineering Project in the World”. Paul Pedini graduated in 1977 from Tufts University with a Bachelor of Science in Civil Engineering. He has been employed with Jay Cashman since 2005. He holds the position of Sr. Vice President. He was Vice President of Modern Continental Construction from 1983 to 2005 and Project Engineer for Slattery Associates from 1977 -1983. He has served in many capacities ranging from Chairman to Senior Vice President of Boston Society of Civil Engineers from 1996 - 2002. He has been a member of Moles (National honorary society headquartered in New York City for persons employed in underground construction) since 1999. He has received the following awards: • Tufts University School of Engineering Distinguished Service Award - The highest recognition given by the University to an Alumnus - 2002 • American Segmental Bridge Institute Award of Excellence. • Tufts University School of Engineering Special RecognitionAward - 2004 • Next Generation Award 2004 - National design award granted by Metropolis Magazine in New York to acknowledge his re-use of heavy construction materials in the design of commercial building and residence. • Holcim Prize for Sustainable Construction International competition (1400 entries from 118 countries) received one of five North American awards for the Big Dig Building 2005 • American Institute of Architects/Boston Society Architects - 2006 Housing Design Award for the Big Dig House (his residence in Lexington, MA) The following are his publications: NASPD Fall Conference Boston - The Fairmont Copley Plaza • Oct. 9-11, 2008 For additional information visit www.naspd.com Program Thursday, October 9, 2008 1:00 – 5:00 p.m. Registration 2:00 – 3:15 p.m. Executive Committee Meeting 3:15 – 4:00 p.m. Membership Committee Meeting 3:15 – 4:00 p.m. Finance Committee Meeting 4:00 – 5:00 p.m. Board of Directors 7:00 – 9:00 p.m. Welcoming Reception at the Fairmont Copley Plaza Friday, October 10, 2008 7:30 – 10:30 a.m. Registration & Continental Breakfast 8:15 a.m. – Noon General Session 8:15 – 9:15 a.m. Paul Pedini, Jay Cashman, Inc. “The Big Dig - An Inside Look Into the Largest Civil Engineering Project in History” 9:15 – 10:00 a.m. Mike Evans, Vice-President, Maurice Pincoffs, and Attorney Matt Nolan, Partner, Arent Fox “Free and Fair Trade Can They Co-Exist? And What’s Next? 10:00 – 10:15 a.m. Break 10:15 – 11:00 a.m. Joe Alvarado, Vice-President, U. S. Steel Tubular Products “U.S. Steel's Role in the Energy Industry” 11:00 – Noon Keith Busse, President and CEO, Steel Dynamics “The State of the Industry” Noon – 1:30 p.m. Boston Tea Party Networking Luncheon 1:45 – 3:30 p.m. Boston City Duck Tour - Meet in Lobby. Bus leaves at 1:50 5:30 – 9:30 p.m. Brief Tour of Harvard Campus, Dinner Reception at the Harvard Faculty Club, and Greeting by Dr. Barbara Kahn, Harvard Professor (Sister of Fred & Ted Kahn) 9:30 p.m. – Midnight Hospitality Suite at the Fairmont Copley Plaza Saturday, October 11, 2008 8:00 – 10:30 a.m. Full Breakfast and Networking 9:00 – 10:00 a.m. Prime Roundtable Discussion. Facilitator: Art Shelton 10:00 – 1:00 a.m. Structural, Limited Service and Used Roundtable Discussion Facilitator: Chuck Betzler All attendees are encouraged to participate in the committee meetings with the exception of the Executive Committee. “Partnering and technical innovation used to stabilized slurry trench walls under commuter rail station for Boston’s Big Dig” - Published in Proceedings of the Deep Foundation Institute International Conference, Nice, France 2002 “Design:e2” - Television program dedicated to the creation and design of the Big Dig House Directed by Tad Fettig for PBS, narrated by Brad Pitt - 2006 Paul will give a presentation of Boston's Big Dig, the largest and most controversial civil engineering project in the history of the United States. “Tieback Installation” - Slattery Press, Boston, MA1983 He was project manager and/or vice president in charge of over $1.5 billion of tunnel and bridge construction contracts over a 10 year period. “Collaboration Between Consulting and Construction Engineers” - Structural Engineer Magazine - February 2002 He will include photographs and computer animations of some of the most challenging aspects of the project, including • Building the new tunnel under (and while supporting) the existing elevated roadway • Floating out concrete tunnel sections to create a roadway under Boston Harbor 19 • Using thousands of precast segments to construct I-93 through and around the Project • Building an island park in Boston Harbor with the excavated material • The Big Dig's legacy Mike Evans, Vice-President, Maurice Pincoffs Company, Inc. “Free and Fair Trade Can They Co- Exist? And What’s Next?” Mike is Vice President of Maurice Pincoffs Company, Inc. He has been employed with Maurice Pincoffs Company, Inc. since 1981. (continued on pg. 20 - SPEAKERS) 18 Pipeline Member Spotlight Dilip Bhargava Dilip Bhargava is President and CEO of NASPD member company SDB Trade International, Inc. with offices located in Houston, Texas. We encourage your suggestions and submissions of information about an individual member for the Spotlight. Every NASPD member has a special story that should be in the Spotlight, but we need your input to make it happen. Email your idea or information to: info@naspd.com. Dilip and Shalini Bhargava hosted an elegant wedding at the luxurious Taj Palace Hotel in New Delhi, India in July for their daughter Girija and her fiancé Anant Patel. The wedding was attended by more than 400 friends and family. The NASPD was represented by Executive Director Susannah Porr and her husband Don, and from Atlas Tubular John & Rhonda Hubbard and Danny & Sherry Rizzo. The main festivities started on a Tuesday with a lunch at the Bhargava's Jindal Farm House. Wednesday was a Mehandi party where henna is applied to the guests' hands in decorative patterns, followed by a beautiful evening (named Jodha Night) with a Rajasthani theme. The Evening's highlight was a top Bollywood performer/singer from Mumbai. Thursday the ceremonies continued with formal engagement ceremonies and a festive reception highlighted by a dance routine involving the talented Bhargava family! Girija's years of classical Indian dance lessons were obvious when she wowed her guests, and when Dilip and Shalini joined her on stage the audience erupted! The only act worthy of following them was another top “Bollywood” entertainer flown in from Mumbai for the event. All the guests danced late into the night. Friday was a full day of traditional Hindu ceremonies and Girija was a stunning bride in an outfit (known as Lehenga) that weighed more than 35 lbs and was covered in crystals and jewels. The groom arrived in a horse drawn carriage after parading through the streets of Delhi lead by a band, and dancing guests, and showered by flower petals. The groom and his father were formally greeted by Dilip, his son Narayan, and the Bhargava family as they entered the wedding pavillion. The bride and groom posed for pictures with all of their guests and then navigated their way through hours of traditional Hindu ceremonies with incredible grace and resilience. Shalini oversaw every detail with the help of a full team of decorators and coordinators. Each of the parties were filled with vibrant colors, cozy seating arrangements, hookas, fragrant smells, beautiful floral arrangements, and elaborate displays of Indian food. It was truly a once-in-alifetime experience. Northern Indian weddings are well known for being spectacular events, but Dilip and Shalini impressed even the most seasoned guests with an attention to detail that was hard to imagine. The Bhargavas have raised a beautiful young woman who upholds the tradition and ideals of her proud culture. 20 Pipeline (continued from pg. 20 - SPEAKERS) Mike graduated from Texas Tech with a B.A. in political science. He earned a post graduate degree at Thunderbird School of International Management in Phoenix,Arizona. One Stop Only Pump Unit Steel & Concrete Piles Seamless, ERW, LSAW, SSAW Carbon Steel & Stainless Steel Pipe OCTG, Drilling Pipe, Line Pipe, Structural Pipe, Standard Pipe, Boiler Tube Contact US: Phone: 909-627-8258 sales@minmetalsla.com Address: 1037 Walnut Avenue, Pomona, CA 91766, USA He is past president of the Texas Association of Steel Importers (T.A.S.I.), past national vice president of the American Institute of International Steel (A.I.I.S.), Vice Chairman of the Gore/Mbeki Bi-National Commission for Africa (1995-2000), current Vice Chairman of the US/South Africa Business Council, Washington, DC, and Member President's Council Texas Tech University. Mike is on the NASPD Board of Directors and is the NASPD Program Chairman. Mike's former employments were with Mitsubishi International, Intsel/Daval Steel, and Commercial Metals Company. Attorney Mathew Nolan, Partner, Arent Fox. “Free and Fair Trade Can They Co- Exist? And What’s Next?” Matthew Nolan's international trade and business regulation practice encompasses customs regulations and disputes, import investigations, US export controls and trade sanctions, trade and investment disputes, trade policy and the Foreign Corrupt Practices Act. With over twenty years of experience, he has worked extensively on issues pertaining to trade and investment in theAmericas, Europe, SouthAfrica, Turkey and other countries. Matt also has experience in international commercial transactions, disputes and arbitrations. Matt has worked extensively in Canada and Mexico on issues related to the North American Free Trade Agreement; and has worked for major US and foreign corporations on export control and sanctions matters; antidumping, countervailing duty, safeguards and section 301 investigations; Customs audits and focused assessments; NAFTA verification audits by US, Mexico and Canadian authorities; civil and criminal investigations on export, import and FCPA issues; development, implementation and audits of internal Oilfield/Industrial - toll free - local - fax 800-284-7290 281-452-3191 281-860-3847 Direct Discharge - toll free - local - fax 800-491-0479 713-491-0497 713-491-0095 Corporate - toll free - local - fax 800-448-3525 713-431-0953 713-431-0997 “Service with Safety” It’s no Pipe Dream compliance programs; and advising on trade policy initiatives. He has also worked with companies in a range of industries, including softwood lumber, steel, oil exploration and production, chemical products, beverage and snack foods, biotechnology, computer electronics, defense, airlines, textiles, tobacco, banking, telecommunications and insurance. Before joining Arent Fox, Nolan practiced at a nationally recognized law firm, where he was chairman of the International Department from 1999 to 2003. Matt is a member of the board of directors of the Canadian American Business Council and the Gulf States Partnership, and a member of the International Council for the Elliott School of 20 International Affairs at George Washington University. Matt is an author and speaker on issues pertaining to the World Trade Organization, NAFTA, trade litigation issues and US trade embargoes. Joe Alvarado, VicePresident, U.S. Steel Tubular Products “U.S. Steel's Role in the Energy Industry” A native of East Chicago, Indiana, Joseph Alvarado graduated from the University of Notre Dame (Ind.) in 1974 with a bachelor's degree in economics and earned a master's degree in business administration from Cornell University in Ithaca, N.Y., in 1976. Mr. Alvarado has spent his entire career in steelmaking, beginning with his first job after completing his master's degree. He was hired by Inland Steel Company in 1976 to serve in the finance department. In 1979, he moved to Inland's sales department, where he progressed through increasingly responsible management positions in sales and customer service. Mr. Alvarado was named manager-strategic planning in 1985, was promoted to managerplate production one year later, and named manager automotive marketing and international development in 1987. In 1988, he was appointed vice president and general manager-sales and marketing for Inland Bar Company and was promoted to president in 1995. Mr. Alvarado assumed the role of executive vice president-commercial at Birmingham Steel Company in Birmingham, Ala., in 1997 and joined Ispat North America Inc. in 1998 as vice president-long products sales and marketing. In 2004, Mr. Alvarado accepted the positions of president and chief operating officer at Dallas, Texas-based Lone Star Technologies, Inc. and held them until U. S. Steel named him vice president-tubular in June 2007 after completing its acquisition of Lone Star Technologies, Inc. and its related companies. Mr. Alvarado is a board member of the Petroleum Equipment Suppliers Association and (continued on pg. 22 - SPEAKERS) Liberty Coating Company is a premier anti-corrosion coater and refurbisher of carbon steel, stainless steel, and ductile iron pipe. Our services include: • • • • • • • Cleaning, Lacquering, and Stenciling Shipping to Designated Location Heat Number Retention, Capping, and Bundling Cutting and Beveling Short Term and Long Term Storage Tally and Inspection Services Receiving and Shipping via Rail or Truck Liberty Coating Company also factory applies the following coating systems: • • • • • Pritec® Coating 3/4” to 36” Diameter Internal Epoxy Coatings End Flaring for Electrical Cable Conduit Piping Directional Drilling Coatings Specialty External Paint Coatings 3/4” to 72” Diameter (i.e. Zincs, Primers, Epoxies, Urethanes) • Polyken YGIII TM • Protecto 401 for Sewer Use on Ductile Iron Our 35 acres facility provides ample storage space with easy access to all major highways. Having our own rail siding affords our customers a cost effective inbound freight solution. TEL: 215-736-1111 Fax: 215-736-1114 WEBSITE: www.libertycoating.com EMAIL: ccuvo@liberty-grp.com EMAIL: tbeck@liberty-grp.com EMAIL: dbarder@liberty-grp.com 22 Pipeline (continued from pg. 21 - SPEAKERS) the American Petroleum Industry, and a former board member of the Metal Service Center Institute. He is also a member of the Independent PetroleumAssociation ofAmerica. NASPD Members Out & About Chairman and Chief Executive Officer, Steel Dynamics, Inc. “The State of the Industry” Submitted by NASPD members Doug & His Big Catch On a recent trip to Hawaii, Doug Fortenberry caught a 150 lb. Blue Marlin out of Oahu and a 771 lb. Blue Marlin out of Kona. Doug said, “They had a tournament going on at the time, had I been in it I would have one 1st place with many thousands of dollars.” Keith headed up the team that established SDI in 1993. He earned an accounting degree from International Business College and a bachelor's in business finance from the University of Saint Francis. Right: Doug and his really big fish! Upon completion of a master's degree in business administration at Indiana University in 1978, Keith received the Wall Street Journal award for academic excellence. He also received a Distinguished Alumnus Award from Indiana University - Purdue University Fort Wayne in 1991. Help Build “Your” Pipeline, Send Us Your Stuff Thanks to everyone sending us articles, photos, and information to include in the Pipeline. We love items that come from members, so keep sending your ideas and information. In 2005, the Association for Iron and Steel Technology named Keith its Steelmaker of the Year. In 1997, BusinessWeek listed Keith and SDI among the top 10 entrepreneurs and entrepreneurial corporations in the United States. The Member Spotlight provides an opportunity to introduce you to members that you might not have known much about. Let us know who you think we should Spotlight. In that same year, Keith was named winner of the Indiana Ernst & Young Emerging Entrepreneur of the Year award. In May 1999, he was named one of the five "Best Undiscovered CEOs" in a feature article in Individual Investor magazine. He's also been listed in Outstanding Young Men ofAmerica and the Who's Who World Registry. We encourage you to write your own articles. If you submit an article written by someone else, we must have signed, written approval to be able to reprint it - that’s the law. Either attach that with the article or provide the author’s contact information so we can obtain the approval. Prior to founding SDI, Keith worked for Nucor Corp. for 21 years, rising from division controller to general manager, and then ultimately becoming vice president and general manager of the Nucor's facility at Crawfordsville, Indiana. At Crawfordsville, Keith led a team that built and operated the world's first minimill to use thin-slabcasting steelmaking technology. Please submit all information to the NASPD office: info@naspd.com Smile for the NASPD Directory Missed your face in the NASPD Directory? Others missed you too. Submit your photo by Dec. 31, 2008 to be included in the 2009-10 Directory. You may email them to gail@naspd.com or mail them to 1501 Mockinbird Lane #307 / Victoria, TX 77904. Remember to include your name and company name. Photo specifications: high resolution color or black & white JPG or mail a professional printed photo. Keith and colleagues Mark Millett and Dick Teets set out on their own in 1993 to form Steel Dynamics, the first new U.S. steel producer in a century to be formed without corporate backing or pre-existing financial credentials. Based on their reputation and a strong business plan, they succeeded in raising $370 million in capital to build SDI's flat-roll minimill at Butler, Indiana. Constructed in a record 14 months, the Greenfield mill began production of hot-rolled steel early in 1996 and became profitable in its sixth month of operation. Under Keith's leadership, Steel Dynamics has quickly grown to more than $3 billion in revenues and is one of the most profitable steel companies in the world. HOUSTON TUBULARS,INC Your Service Center • 50 Acre Storage Facility • 30,000 Sq. Ft. Enclosed Warehouse • Direct Discharge • Local Hauling • Chloride-Neutralization • Brush, Roll, & Spray • Hydro-Abrasive Blasting TMK PRODUCTS INCLUDE: · Mechanical Tubes · CF Tubes (Carbon, Alloy, Stainless) · OCTG · Seamless Line Pipe in Sizes 2” - 16” OD · Spiral welded and DSAW line pipe in sizes 20” 56” · ERW line pipe in sizes 8” 20” · Continuous Buttweld Pipe · Coupling Stock · Drill Pipe · Semi-finished steel products · Continuous cast blooms TMK PRODUCING MILLS • Abrasive Blasting Principal Website: www.tmkna.com • Waterblasting TMK's Holdings consists of 5 Pipe Mills: - Volzhsky (www.vtz.ru) - Seversky (www.stw.ru) - Sinarsky (www.sinarsky.com) - Taganrog (www.tagmet.ru) - Artrom (www.artrom.ro) • Descaling • Machine Beveling • Torch Beveling • Plasma Cutting • Cut-to-length • Straightening • Dedenting • Threading 1/4" Thru 4" NPT Details on products, size ranges and grades for each of above facilities are available on the TMK Group website or the individual mill websites . CONTACT INFORMATION 1981-2008 27 Years of Service Tel: 281.485.9932 Fax: 281.485.6378 Email: hti@pdq.net 2700 Post Oak Blvd., Suite 2425 Houston, TX 77056 Phone: 713-961-0701 Fax: 713-961-0475 Chuck King - President Mike Christopher - VP Sales Pete Cronquist - Controller Cara Davis - Mgr. Sales Service