U.S. Steel Says South Korean Companies Are Dumping in U.S.
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U.S. Steel Corp., the largest U.S. producer of the metal by volume, said South Korea is dumping steel pipes and tubes in the U.S.
South Korean steelmakers created a network of related companies in order to evade U.S. trade laws on so-called oil-country tubular goods, which are pipes and tubes used by oil and gas drillers, Mario Longhi, chief executive officer of Pittsburgh-based U.S. Steel, said in remarks prepared for the U.S. Congressional Steel Caucus today.