Marubeni-Itochu Tubulars America Inc.

Marubeni-Itochu Tubulars America Inc. (MITI) is a wholly-owned subsidiary of Marubeni-Itochu Steel Inc., Japan (MISI) that was formed on October 1, 2001 with the merger of the Steel Division of Marubeni Corporation and the Metals Division of ITOCHU Corporation. Marubeni and Itochu are both publicly listed companies, but their origins are the same that started in Ohmi in the middle of the 19th century. The Ohmi tradesmen’s principal business concept consisted of the Three-Way Benefit which was viewed as the foundation of all business. This concept encompasses benefits for the seller, the buyer, and for society. We are firmly committed to sustaining and building upon this legacy with all MISI Group employees working together as a tightly-knit team in pursuit of the following principles of our corporate philosophy:

• Excelling as a first-class global company and contributing to social progress through steel distribution
• Striving to be a dynamic company in an innovative intellectual group
• Demonstrating our trustworthiness and honesty through understanding and respect

MITI is headquartered in Houston, Texas and was established to supply steel tubulars and related services to customers in the oil & gas, refining, petrochemical, and power generation industries.

Our professional and knowledgeable staff has the skills and experience to provide solutions that meet and exceed our customers’ demands for quality, service, and timely and accurate delivery.

With our strong relationships and global network, we have the scope, dedication, and experience to supply value-added services with a wide range of steel tubular products from the world’s leading steel mills in Japan, USA, Korea, China, and Europe.

Our Mission & Vision:

Our mission is to be the strongest force possible to connect goods, services, suppliers, and users.

Our vision is to be the most innovative solutions provider in the global energy industry through the distribution of steel tubular products and related goods and services.

Our innovation comes through listening to the diverse needs of our customers, suppliers, and employees in our pursuit of the following:

• Operational excellence
• Tireless experimentation for innovative business solutions
• Open and respectful working environment
• Trustworthiness in all business relationships
• Highest ethical standards
• Sustainable financial strength