OCTG anti-dumping lawsuit said ‘imminent’

Jan 16, 2013 | 04:47 PM | Thorsten Schier

Tags  South Korea, OCTG, trade case, Tenaris, U.S. Steel, Vallourec, 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). ....

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