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
"It is a fact that the U.S.
domestic industryand we are part of itis 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 doesnt 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
Koreaor at least preparation for such a petitionis
in the works. They include Pittsburgh-based U.S. Steel Corp.
amm.com, Oct. 31) and Luxembourg-based Tenaris SA
amm.com, Nov. 8).