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Tenaris to reopen Canadian tubing mill

Thursday, 15 September 2016 00:00:49 (GMT+3)   |   San Diego
       
Tenaris announced this week that production will resume at its AlgomaTubes seamless mill in Sault Ste. Marie, Ontario, recalling between 120-150 union employees who were laid off earlier this year. Tenaris projects the mill to restart in November.
 
Production was temporarily interrupted at the facility in March due to “the impact of unfairly traded imports and a prolonged industry downturn,” the company said in a statement.
 
“While market volatility persists,” the statement continued, “a modest improvement in Tenaris’s forecast, as well as progress in ongoing policy discussions with members of the federal and provincial government that support Canadian manufacturing drove the decision to commence operations.”


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