NEW YORK A Canadian trade case against foreign oil country tubular goods (OCTG) producers is unlikely to meet with much more success than a similar case filed in the United States, Russel Metals Inc. president and chief executive officer Brian R. Hedges said.
"I was a little surprised that the American (case) was as unsuccessful as it was. So on that side, I thought they would actually have more success than they did," he said during the Mississauga, Ontario-based service center chains first-quarter earnings conference call in response to an analyst question, referring to the U.S. Commerce Departments International Trade Administration (ITA) assessing no preliminary anti-dumping duties on South Korean OCTG manufacturers earlier this year (amm.com, Feb. 19). "I would anticipate that the Canadians dont have any more significant success."
Final decisions in the U.S. case are scheduled for early July.
Michael T. Rehwinkel, executive chairman of Chicago-based Evraz Inc. North America, highlighted the Canadian OCTG trade case filing during a press briefing at the American Iron and Steel Institutes 122nd annual meeting in Scottsdale, Ariz. (amm.com, May 5).