IPSCO's long-term goals are to:

• be a leading supplier of wide and thick carbon hot rolled coil and discrete plate in Canada and the United States;
• become a major player in certain special steel markets, especially tubular products and flat-rolled alloy steels, in North America;
• be a leading processor of wide and thick carbon hot rolled coil into cut-to-length product;
• earn an average return on shareholders' equity which is among the leaders in long-term profitability in the carbon steel industry;
• be a reliable employer with excellent working conditions; and,
• be a good corporate citizen in the communities in which it operates.