Preliminary ruling in OCTG trade case due

Feb 11, 2014 | 12:39 PM | Thorsten Schier

Tags  Commerce Department, anti-dumping, oil country tubular goods, OCTG, TMK Ipsco, Scott Barnes, National Association of Steel Pipe Distributors, Thorsten Schier

NEW YORK — TMK Ipsco, the North American subsidiary of Russia’s OAO TMK, sees a potential rise in import prices or even diverted shipments if preliminary decisions by the Commerce Department in an oil country tubular goods (OCTG) anti-dumping case go against nine countries.

"If the margins were high, you might expect some behavior changes on any new imports that will arrive. We saw that in the China (OCTG anti-dumping) case, where shipments that were in transit were diverted to other countries to avoid high preliminary duties," Scott Barnes, senior vice president and chief commercial officer of the Houston-based steel pipe and tube....

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