Lone Star Technologies, Inc. Announces Finned Tubing Expansion, Expandable Casing Demonstration and First Large Diameter Line Pipe Order

Apr 30, 2001, 01:00 ET from Lone Star Technologies, Inc.

    DALLAS, April 30 /PRNewswire/ -- Lone Star Technologies, Inc. (NYSE:   LSS)
 announced the ground breaking for the expansion of its Quebec, Canada finned
 tubing facilities.  The expansion will double the capacity to meet growing
 demand in Canada and the United States for finned tubing used in combined-
 cycle electrical power generating plants.  A couple of large orders have been
 received and will be produced at the expanded facilities late in the third
 quarter and during the fourth quarter of 2001.
     Orders for Lone Star's expandable casing are also accelerating with over
 twenty successful commercial applications to date.  Lone Star's expandable
 casing will be demonstrated with two live expansions by Enventure, a
 Shell/Halliburton joint venture, on May 5th in conjunction with this week's
 Offshore Technology Conference in Houston.
     Lone Star received its first significant order for its large diameter line
 pipe alliance.  The order is for 26" diameter line pipe to be used in Southern
 Louisiana.  Line pipe demand began improvement late in the first quarter and
 is expected to continue to strengthen throughout the remainder of this year.
     Lone Star Technologies, Inc. is a holding company whose principal
 operating subsidiaries manufacture and market oilfield casing, tubing, and
 line pipe, specialty tubing products including finned tubes used in a variety
 of heat recovery applications, and flat rolled steel and other tubular
 products and services.
     This release contains forward looking statements based on assumptions that
 are subject to a wide range of business risks.  There is no assurance that the
 estimates and expectations in this release will be realized.  Important
 factors that could cause actual results to differ materially from the forward
 looking statements are described in the periodic filings of Lone Star
 Technologies, Inc. with the Securities and Exchange Commission, including its
 Annual Report on Form 10-K for the year ended December 31, 2000.
 
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SOURCE Lone Star Technologies, Inc.
    DALLAS, April 30 /PRNewswire/ -- Lone Star Technologies, Inc. (NYSE:   LSS)
 announced the ground breaking for the expansion of its Quebec, Canada finned
 tubing facilities.  The expansion will double the capacity to meet growing
 demand in Canada and the United States for finned tubing used in combined-
 cycle electrical power generating plants.  A couple of large orders have been
 received and will be produced at the expanded facilities late in the third
 quarter and during the fourth quarter of 2001.
     Orders for Lone Star's expandable casing are also accelerating with over
 twenty successful commercial applications to date.  Lone Star's expandable
 casing will be demonstrated with two live expansions by Enventure, a
 Shell/Halliburton joint venture, on May 5th in conjunction with this week's
 Offshore Technology Conference in Houston.
     Lone Star received its first significant order for its large diameter line
 pipe alliance.  The order is for 26" diameter line pipe to be used in Southern
 Louisiana.  Line pipe demand began improvement late in the first quarter and
 is expected to continue to strengthen throughout the remainder of this year.
     Lone Star Technologies, Inc. is a holding company whose principal
 operating subsidiaries manufacture and market oilfield casing, tubing, and
 line pipe, specialty tubing products including finned tubes used in a variety
 of heat recovery applications, and flat rolled steel and other tubular
 products and services.
     This release contains forward looking statements based on assumptions that
 are subject to a wide range of business risks.  There is no assurance that the
 estimates and expectations in this release will be realized.  Important
 factors that could cause actual results to differ materially from the forward
 looking statements are described in the periodic filings of Lone Star
 Technologies, Inc. with the Securities and Exchange Commission, including its
 Annual Report on Form 10-K for the year ended December 31, 2000.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X19266347
 
 SOURCE  Lone Star Technologies, Inc.