Features
The birth of Boomerang Tube marks the return of former Maverick Tube top executive Gregg Eisenberg to the OCTG market. The name of the 400,000-ton-per-year venture taking shape on the banks of the Trinity River in Liberty, Texas, is not an accident.
Building a greenfield oil country tubular goods (OCTG) mill is no easy task even in the best of markets. How did Boomerang Tube LLC, which is bringing a $200-million plant into production in the aftermath of the worst OCTG market in at least a generation, pull it off?
The chairman and chief executive officer of Germany’s Wilh. Schulz GmbH shopped the world—from China and India to Brazil and Oman—to find a home for a new, export-minded $300-million stainless tubular mill. In the end, he opted for Tunica County, Mississippi. Why?
Held in the wake of one of the most wrenching years in steel’s history, AMM ’s second annual State of Steel Conference took a clear-eyed look at the promise and perils that await the industry in the months ahead.