Apr. Opened Colorado office (PMT Rocky Mountains)

Jan. Moved Philadelphia office to Houston

Jan. Renamed Panther Supply to Pan Meridian Tubular (PMT)

Apr. Purchased West Coast Pipe Linings under State Pipe & Supply Co.

Jan. Changed company name to SeAH Steel America

Mar. Purchased Panther Supply

Jan. Purchased State Pipe & Supply Co.

Mar. Opened a branch office in Philadelphia

Jan. Opened a Branch Office in Houston

Aug. Incorporated in California as Pusan Pipe America, Inc.

Nov. Registered Los Angeles branch office of Pusan Steel Pipe

Oct. Pusan Steel Pipe Ind. Co., Ltd established in Korea