Trade Cases Bring Good News For US Oil Pipe Industry

Law360, New York (September 17, 2014, 10:08 AM EDT) -- With the final injury vote of the U.S. International Trade Commission, the domestic industry largely prevailed in trade cases against unfair imports of oil country tubular goods ("OCTG").[1] The commission made affirmative present material injury determinations against imports from India, Korea, Turkey, Ukraine and Vietnam, and an affirmative threat of material injury determination against imports from Taiwan.[2] As stated by the commission, "the significant and increasing volume of subject imports, at prices which undersold the domestic like product and depressed domestic prices, adversely impacted the domestic industry, leading to significant declines in that industry's financial performance."[3]...

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