Oil Pipe Imports From India, Korea Harming US Cos., ITC Says

Law360, Los Angeles (August 16, 2013, 6:15 PM EDT) -- The U.S. International Trade Commission ruled Friday in a 6-0 vote that a reasonable indication suggests that steel tubing used in oil wells and imported from nine countries is being sold at unfairly low prices in the U.S. and harming domestic steel producers.

As a result of the ITC's decision, the U.S. Department of Commerce will continue investigating imports of oil country tubular goods from India, Korea, Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine and Vietnam. The governments of India and Turkey allegedly subsidize the goods....
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