When SSTTAC attacks Is it all bark or might a bite be coming?
Dec 03, 2010 | 06:19 AM
Perspectives always thought the first quarter of the year was a time of hope. The typical seasonal end-of-year slowdown is over. Service centers and distributors have a whole year to buy and sell. They restock, driving up prices and mill utilization rates.
And, who knows, maybe this year will be better than last? But we've got a sinking feeling that the first quarter of 2001 may be the season of the trade petition.
As we discuss on page 4, it appears that a trade case against imports of oil country tubular goods (OCTG) from South Korea may be filed any day now. And domestic mills aren't just aiming at carbon OCTG from South Korea. They're also looking at stainless imports of pipe and tube from that country with an increasingly critical eye, according to the Stainless Steel Tube Trade Advancement Committee (SSTTAC).....
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