Line pipe profitability hurt amid tepid demand

Jul 29, 2013 | 04:40 PM | Thorsten Schier

Tags  large-diameter line pipe, American Cast Iron Pipe, Berg Steel Pipe, Dura-Bond Pipe, Stupp, Welspun Tubular USA, anti-dumping, International Trade Commission Thorsten Schier

NEW YORK — The U.S. large-diameter line pipe market remains tepid, with capacity utilization below 50 percent and producers recording losses, according to counsel representing the domestic industry in a sunset review of anti-dumping duties on imports from Japan.

"(The industry) has massive excess capacity; its capacity utilization rates are well below 50 percent," counsel from Washington law firm Schagrin Associates wrote in a pre-hearing brief to the International Trade Commission on behalf of American Cast Iron Pipe Co., Birmingham, Ala.; Berg Steel Pipe Corp., Panama City, Fla.; Dura-Bond Pipe LLC, Export, Pa.;....

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