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US tube mills consider trade petition: Vallourec

Keywords: Tags  Vallourec, Philippe Crouzet, trade petition, welded tube, energy tubulars, U.S. Steel, Tenaris, steel tube steel pipe


CHICAGO — Vallourec SA executives confirmed that mills in the United States are considering a possible trade petition against welded energy tubulars from South Korea, and potentially other nations as well.

"It is a fact that the U.S. domestic industry—and we are part of it—is working on such a case, which could ... happen early in 2013," Vallourec chairman and chief executive officer Philippe Crouzet said during a conference call with analysts.

But Vallourec executives were also quick to note that any trade petition, if filed, might not directly impact the Boulogne-Billancourt, France-based steel tube and pipe maker, as the company doesn’t produce or sell welded tubulars in the United States.

Other domestic mills that do have welded tubular operations in the United States have indicated that a trade petition against product from South Korea—or at least preparation for such a petition—is in the works. They include Pittsburgh-based U.S. Steel Corp. (amm.com, Oct. 31) and Luxembourg-based Tenaris SA (amm.com, Nov. 8).


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