Trade verdict fails to deter S. Korea OCTG

Aug 19, 2014 | 02:55 PM | Thorsten Schier

Tags  oil country tubular goods, OCTG, South Korea, line pipe, Metals Service Center Institute, MSCI, Kim Leppold, anti-dumping Thorsten Schier

NEW YORK — U.S. imports of oil country tubular goods (OCTG) from South Korea show no sign of slowing one month after the U.S. Commerce Department’s International Trade Administration imposed anti-dumping duty margins ranging from 9.89 to 15.75 percent on Korean products.

OCTG imports from Korea are already on course to hit at least 98,000 tonnes this month, according to import license data collected by Commerce’s Enforcement and Compliance division through Aug. 19, down from 148,965 tonnes in July but well above the 78,844 tonnes shipped in the entire month a year ago.....

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