OCTG trade case may pressure line pipe market

Jul 30, 2013 | 03:33 PM | Thorsten Schier

Tags  line pipe, OCTG, oil country tubular goods, X42, J55, U.S. Steel, OAO TMK, dumoping subsidy

NEW YORK — A dumping and subsidy complaint against producers of oil country tubular goods (OCTG) in nine countries may put increased pressure on the line pipe market, sources told AMM.

"I would expect it to. There will be more of a focus on that market (by foreign producers). There is all this capacity that will change its focus to another product," one trader said, noting that foreign mills had already stepped up their offers of line pipe as well as standard pipe.....

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