ITA ruling will cap OCTG prices: Russel Metals

Feb 20, 2014 | 01:09 PM | Thorsten Schier

Tags  Russel Metals, oil country tubular goods, OCTG, anti-dumping, Brian Hedges, Thorsten Schier

NEW YORK — Russel Metals Inc. expects the U.S. Commerce Department’s preliminary decision on oil country tubular goods imports from eight countries—excluding South Korea—to put a cap on OCTG pricing. "The dumping (decision) was going to bring (pricing) up but that didn’t come through the way it was expected," president and chief executive officer Brian R. Hedges said during the company’s earnings conference call Feb. 20. "We’re....

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