Chinese, Korean imports worrying stainless tubular producers
Dec 03, 2010 | 01:56 PM
Domestic stainless steel tubular manufacturers are on the alert for an increase in foreign imports, particularly from China and Korea.
The Stainless Steel Tube Trade Advancement Committee (SSTTAC), a trade group that represents domestic stainless tubular producers, said it is also concerned that a European Union trade case filed in August against China will prompt that Asian nation to find a new home for its extra material the United States.
David A. Hartquist, counsel for SSTTAC, said the group is watching developments in the EU case carefully.
"The evidence presented to the European Commission indicates that the Chinese have been dumping seamless stainless steel pipe and tube into Europe in violation of the EU trade laws," Hartquist said. "Our members believe that similar dumping is occurring in the United States market."
Hartquist said the SSTTAC understands the need for European producers to take action. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.