ITC Revokes Duties On Oil Extraction Tubes

Law360, New York (June 1, 2007, 12:00 AM EDT) -- Over objections of U.S. steel companies, the U.S. International Trade Commission has voted to revoke anti-dumping duty orders on steel tubes used in the extraction and transmission of oil and natural gas that had been levied against five countries.

A six-member ITC panel, comprised of three Republicans and three Democrats appointed by President Bush, decided Thursday to stop charging duties on oil country tubular goods from Argentina, Italy, Japan, Korea and Mexico.

Getting anti-dumping orders revoked is extremely difficult, especially in a contentious area like the...
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