Line pipe trade case could come by mid-October

Aug 29, 2014 | 03:05 PM | Thorsten Schier

Tags  welded line pipe, South Korea, Turkey, trade case, oil country tubular goods, OCTG, Scott Montross, Northwest Pipe 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 it’s a much smaller market with much smaller margins. It’s 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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