Line pipe trade case could come by mid-October
Aug 29, 2014 | 03:05 PM
| Thorsten Schier
NEW YORK With domestic producers of welded line pipe reportedly struggling with low margins, a trade case targeting imports from South Korea and Turkey could be filed as early as mid-October, market sources told AMM this past week.
"Line pipe is truly getting destroyed because its a much smaller market with much smaller margins. Its not like OCTG (oil country tubular goods), where you get margins on heat treat and other things," one market source said, noting that line pipe producers have been hit with rising substrate costs and selling prices pressured by....
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