Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

Congressman backs Borusan in dumping probe

Jul 25, 2013 | 04:04 PM |

Tags  Borusan Mannesmann Boru Sanayi ve Ticaret, Rep. Gene Green, oil country tubular goods, dumping, ITC, International Trade Commission, Thorsten Schier

NEW YORK — A congressman has written to the U.S. International Trade Commission (ITC) asking it to consider Borusan Mannesmann Boru Sanayi ve Ticaret AS’ $150-million investment in a new oil country tubular goods (OCTG) mill in Baytown, Texas, during a dumping and subsidy trade case against Turkish producers.

"I appreciate any consideration you can grant in this example of foreign investment and job creation," Rep. Gene Green (D., Texas) said, noting that the project would be "beneficial for ... Texas and for the U.S. by creating more private-sector jobs and increasing local, state and federal revenues."

Borusan’s proposed plant, expected to start production in 2014, will employ more than 300 people and use domestic steel, according to Green.

A source close to Borusan said the company was surprised at the trade complaint against Turkey. "They’re 100-percent confident that they’ve not been dumping pipe. They’ve played by the rules; they’ve played fair from the very beginning. They don’t receive any kind of subsidies," he said, adding that the Turkish company’s pricing was "absolutely top tier of the imports."

Borusan, which accounts for the most significant share of Turkish OCTG shipments to the United States, has already faced some challenges from the filing, according to the source. "It’s time and resources that they could utilize in far better places than (Washington)," he said.

The case could change the Istanbul-based company’s plans for its new mill, the source said. For example, while Borusan previously was looking to supplement its domestic offerings with some imported material once the mill was up and running, it is now considering bringing additional production capacity to the United States. "That’s not what they wanted," he said.

Latest Pricing Trends Year Over Year


How will US hot-rolled coil prices fare over the summer?

Rise sharply
Rise modestly
Stay largely flat
Fall modestly
Fall sharply

View previous results