Win in OCTG case to help prices: Longhi

Oct 30, 2013 | 05:13 PM | Thorsten Schier

Tags  U.S. Steel, OCTG, trade case, oil country tubular goods, critical circumstances, third-quarter results, Dan Lesnak, Thorsten Schier

NEW YORK — If U.S. oil country tubular goods (OCTG) producers prevail in an anti-dumping review of imports from nine countries, pricing in the OCTG market should improve, according to U.S. Steel Corp.’s top executive.

"I think the investigation will proceed and an affirmative decision should result in import prices reflecting more of a regular market condition vs. prices distorted by unfair trade practices," president and chief executive officer Mario Longhi said during the company’s third-quarter earnings conference call.....

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