Steelmakers File U.S. Trade Case Seeking Duties on Oil Pipes
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A group of oil-pipe makers led by United States Steel Corp. filed a U.S. trade complaint against competitors in nine nations, alleging goods from those countries were sold in the U.S. market below cost and, in some cases, benefited from government subsidies.
The U.S. coalition made the complaint with the International Trade Commission today in Washington. Countries named in the complaint are India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine and Vietnam. U.S. Steel and Tenaris SA rose in New York.