JMC exec expecting US victory in OCTG case

Sep 17, 2013 | 01:51 PM | Michael Cowden

Tags  JMC Steel Group, Barry Zekelman, Wheatland Tube, Atlas Tube, Energex Tube, oil country tubular goods, OCTG, trade petition hot-rolled steel

CHICAGO — U.S. oil country tubular goods (OCTG) producers likely will win a trade petition filed against imports from nine nations as steel prices appear poised to settle at a reasonable level, according to JMC Steel Group Inc.’s top executive.

"We’re pretty confident we’ll have a positive outcome ... and I think it’s going to be good for the industry," said JMC executive chairman and chief executive officer Barry Zekelman. "The dumped product was just getting ridiculous."

If domestic producers win, it will mean increased consumption of both U.S.-made tubulars and flat-rolled substrate, Zekelman told AMM at JMC’s Wheatland Tube Co. plant in Chicago, which also is home to JMC’s corporate headquarters.....

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