US OCTG mills appeal Jesco duty exclusion

Aug 26, 2014 | 03:57 PM | Thorsten Schier

Tags  Court of International Trade, Saudi Arabia OCTG, oil country tubular goods, OCTG, Jubail Energy Services, OCTG imports, Thorsten Schier

NEW YORK — Four domestic oil country tubular goods (OCTG) producers are appealing a U.S. decision to exclude Jubail Energy Services Co. (Jesco) from dumping duties against product from Saudi Arabia.

The petitioners object to the Commerce Department’s International Trade Administration (ITA) using Saudi Arabia-based Jesco’s sales to Colombia as the basis for profit margins in calculating the dumping margin. Tenaris SA’s financial results should be used instead, the petitioners said.....

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