SOURCE: Industrial Info Resources
February 18, 2013 06:15 ET
SUGAR LAND, TX--(Marketwire - Feb 18, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In what seems like a steady flow of pipe and tubing mill project announcements going back five years, the U.S. steel market has been attracting investments from European, Asian and South American companies looking to take advantage of favorable market conditions in the U.S. for steel products, including oil country tubular goods (OCTG). Foreign-based steel manufacturers see the U.S. as a safe destination for investment. Tax incentives, an educated labor force, cheap natural gas, and proximity to end markets are making the Southwestern U.S., especially Texas, an attractive destination for foreign steel producers. Industrial Info is tracking more than $6 billion in steel pipe and tubing mill projects in the U.S. as part of the North American Industrial Database.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=233556&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
See all RSS Newsfeeds