Unfair imports ‘deprive’ US OCTG mills: USS lawyers
Aug 01, 2013 | 04:23 PM
| Thorsten Schier
NEW YORK U.S. Steel Corp. said it has struggled to make an adequate return on its $2.1-billion investment in welded oil country tubular goods (OCTG) producer Lone Star Technologies Inc. in 2007 due to a rise in unfairly traded imports.
"U.S. Steel properly saw that demand for these products was growing, and it made a massive investment to take advantage of that fact," attorneys at Washington-based law firm Skadden, Arps, Slate, Meagher & Flom LLP wrote in a post-hearing brief filed with the International Trade Commission (ITC) in an anti-dumping and countervailing case against nine....
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