OCTG anti-dumping lawsuit said ‘imminent’
Jan 16, 2013 | 04:47 PM
| Thorsten Schier
NEW YORK Participants in the oil country tubular goods (OCTG) market say a trade case against South Korean producers of welded energy tubulars is "imminent," with a distributor reporting that at least one producer has already reserved the right to cancel shipments if a trade petition is filed.
"They have the right to cancel if an (anti-dumping suit) hits," the distributor said.
A number of mills in the United States, including U.S. Steel Corp. (amm.com, Oct. 31) and Tenaris SA (amm.com, Nov. 8), have said that they are mulling a trade case against producers in the Asian nation due to a substantial increase in low-priced imports. Boulogne-Billancourt, France-based seamless producer Vallourec SA has also said a U.S. trade case is in the works (amm.com, Nov. 9). ....
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.