Jul 16 2004
Oregon Steel Mills, Inc. announced that its Board of Directors has approved the construction of a spiral weld double submerged arc weld (“DSAW”) pipe making facility at or near its Portland, Oregon mill. The project, as approved, would consist of two pipe mills with an annual capacity of approximately 150,000 tons, depending on product mix, capable of producing API certified large diameter line pipe from 20 inches to 60 inches in diameter, in wall thickness of ¼ inch to 1 inch, and in lengths of up to 80 feet. The approved budget for the project is approximately $35 million and is expected to be completed during the fourth quarter of 2005.
Jim Declusin, the Company’s CEO, stated, “The approval of this project is confirmation of our commitment to the large diameter line pipe business. The placing of the new mill in Portland will make us a much more cost effective producer of line pipe as well as enhance our production capability and product offering, which are currently restricted to pipe up to 42 inches in diameter. The combination of our existing pipe mills with their straight seam DSAW capability and the proposed spiral mill will position Oregon Steel to offer both types of pipe making technology to the market that no other single producer in North America has today.”
For more information on pipes, click here.