IPSCO Announces Senior Management Team Following Acquisition by SSAB


LISLE, Ill., July 19 -- IPSCO Inc. today announced the appointment of its new senior management team working out of the Division headquarters in Lisle, Illinois.

John Tulloch has been appointed President of IPSCO Inc. responsible for managing all of the existing IPSCO businesses, as a Division of SSAB Svenskt Stal AB. In addition Tulloch will be Executive Vice President IPSCO Division of SSAB and a member of SSAB's Group Management. Tulloch joined IPSCO in 1977 and has had senior positions in both the steel and pipe businesses, most recently as Executive Vice President, Steel and Chief Commercial Officer.

The IPSCO Senior Management team (all of whom will be located in Lisle) reporting to John Tulloch include:

Vicki Avril -- Senior Vice President -- Tubular
Ms. Avril will have the responsibility for all of IPSCO's tubular business
in the USA and Canada. This will include both welded and seamless
operations inclusive of Koppel Steel and also the Ultra organization. "We
are very pleased that Vicki has taken on a business unit operational role
after a successful career as CFO at several organizations including 23
years in the steel industry," said Tulloch. Ms. Avril has been at IPSCO
since May 2004.

David Britten -- Senior Vice President -- Steel
Mr. Britten will have responsibility for IPSCO's steel business in North
America inclusive of the steel mills and coil processing lines. In his 22
year career with IPSCO, Mr. Britten has progressed through positions in
product development, quality assurance, operations, including heading the
overall tubular business. Most recently he was IPSCO's Vice President,
Corporate Development.

Steve Hansen -- Vice President and Chief Technical Officer
Dr. Hansen joined IPSCO in 2003 following a career in the integrated
sector of the steel business. Until this appointment, Mr. Hansen was
Director, Technical Services for IPSCO's steel division. He will have
responsibility for IPSCO's technical services organization, the R&D Centre
and Frontier Pipe Research Unit, environmental affairs and the Company's
successful Six Sigma program.

Michele Klebuc-Simes -- Vice President, General Counsel and Corporate
Secretary
Ms. Klebuc-Simes will be responsible for the corporate legal function at
IPSCO, as well as the Communication, Trade Policy, and Government
Relations functions. She joined IPSCO in 2001 and recently was admitted to
the Illinois Bar, in addition to her Canadian credentials

Greg Maindonald -- Vice President, Operations Services
Mr. Maindonald will continue to be responsible for IPSCO's corporate
Logistics and Procurement functions as well as the General Scrap
Partnership. He joined IPSCO in 1974 and has had a series of positions,
including time spent in primary operations, inventory and production
planning, sales administration, purchasing, traffic and information
technology.

Phil Marusarz -- Vice President and Chief Financial Officer
Mr. Marusarz was formerly the Corporate Controller at IPSCO. In his new
role, he will be responsible for the IPSCO division's accounting and
financial management functions. He joined IPSCO in 2001 as Treasurer,
following senior financial positions in both public and private companies.

Ray Rarey -- Vice President and Chief Human Resources Officer
Mr. Rarey continues in his prior role as Chief HR Officer responsible
for all HR functions. In addition, the Safety function will now report to
him. Mr. Rarey joined IPSCO in 2000 following senior positions with a
number of U.S. based manufacturing companies.

Tim Wensits -- Vice President and Chief Information Officer
Wensits joined IPSCO earlier in 2007 in the newly created role of Chief
Information Officer and will continue this responsibility. His career
covers nearly 26 years in the IT industry in both the USA and Australia.
In addition, Tim has also been named Chief Information Officer of SSAB
with overall responsibility for IT throughout the SSAB corporation.

"I am excited about the depth of knowledge and continuing experience this management team brings to IPSCO within the SSAB organization and am very enthusiastic about the future of the business," Tulloch said. "IPSCO has had a long and very successful 51 year record of innovation, growth and change and we expect that to continue as a division of SSAB."

David Sutherland, formerly President and CEO, Joseph Russo, formerly Senior Vice President and Chief Technical Officer, and Leslie Lederer, formerly Corporate Counsel, have all retired from IPSCO. Peter MacPhail, formerly Vice President of Primary Operations and President IPSCO Saskatchewan Inc. will be retiring in the near future.

IPSCO operates in North America as a division of SSAB and is a leading low cost producer of energy tubulars and steel plate in that region with an annual liquid steel making capacity of 4.3 million tons. IPSCO also 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 & gas well casing and tubing, line pipe, drill pipe, large diameter transmission pipe, standard pipe and hollow structurals. IPSCO also manufactures premium connections for oil and natural gas drilling and production under its ULTRA(TM) brand name. For more information about IPSCO, log on to www.ipsco.com/ and for information about SSAB log onto http://www.ssab.com/.

Source: IPSCO Inc.

CONTACT: John Comrie QC, Director of Trade Policy and Communications of IPSCO Inc., +1-630-810-4730, jcomrie@ipsco.com

Web site: www.ipsco.com/
http://www.ssab.com/

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