[Financial and Operating Highlights]
[IPSCO Product At-a-Glance]
[Features]
[Letter to our Shareholders]
[Letter from our Chairman]
[Governance at IPSCO]
[Our Responsibilities]
[Financial and Operating Review]
[Shareholder and Corporate Information]
[Shaping Their Future]
[Form 10-K]
[Printed Version]
Features page 1/7
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IPSCO is a leading low-cost producer of steel plate and energy tubulars in North America with an annual liquid steel-making capacity of 4.3 million tons. The Company operates four steel mills, eleven pipe mills, nine product finishing facilities and nine scrap processing centers in 25 geographic locations across the United States and Canada. IPSCO's pipe mills produce a wide range of seamless and welded energy tubular products including oil and gas well casing and tubing, line pipe, drill pipe, large diameter transmission pipe, standard pipe and hollow structural sections. The Company also manufactures premium connections for oil and natural gas drilling and production under its ULTRA™ brand name. IPSCO trades as "IPS" on both the New York and Toronto Stock Exchanges.



During the past year, we continued Shaping our future by improving productivity, building closer relationships with our customers and adding more value to an increasingly diverse range of products and services within the most promising sectors of the steel industry.

In December, these efforts culminated in the acquisition of NS Group, a leading producer of seamless tubular steel products and premium oilfield connections. Today, we are a leading producer of plate and energy tubulars in North America, serving approximately 700 customers in the energy, transportation, construction and industrial equipment markets.

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This is an interactive electronic version of IPSCO's 2006 Annual Report, and it is intended to be complete and accurate. The contents of this version are qualified in their entirety by reference to the printed version. A reproduction of the printed version is available in PDF format on this Web site.