OCTG ruling vs. Korea may bolster US projects

Jul 30, 2014 | 06:17 PM | Thorsten Schier

Tags  oil country tubular goods, OCTG, capacity additions, Commerce Department, anti-dumping, Paul Vivian, Preston Publishing, International Trade Commission ITC

NEW YORK — The recent dumping margins assessed on imports of oil country tubular goods (OCTG) from South Korea could set some domestic expansion projects rolling again, market sources told AMM.

"Some of them will be re-energized. We would hope that the ones that are waiting on financing will meet with a better financing environment now that the hurdle of the trade case is out of the way," Paul Vivian, principal of St. Louis-based Preston Publishing Co., told AMM, adding the caveat that the U.S. International Trade Commission (ITC) still needs to rule on injury in final decisions set for August and September.....

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