AISI approves import duties on oil country tubular goods from nine countries

The American Iron and Steel Institute (AISI) has commented on the final vote of the US International Trade Commission (ITC) on OCTG pipes imported from nine countries.

“We are delighted that ITC has correctly identified the damage to US producers by imports of OCTG from India, Korea, Taiwan, Turkey, Ukraine and Vietnam. Unfairly traded imports of OCTG from these countries were devastating to US steelmakers and took up a significant portion of their sales. in the energy sector, which should contribute to the development of the metallurgical industry in the country against the background of an increase in the pace of development of oil and gas production in the United States.

We are disappointed that the Department of Commerce found Saudi Arabia's dumping margins to be minimal, and the damage from imports from Thailand and the Philippines was determined to be negative, ”said Thomas Gibson, President and CEO of AISI.

“The Commerce Department’s decision is an important step towards the success of the steel industry, which is a necessary help in the face of unfair trade. American steel producers can compete with any other steel industry in the world, but we cannot compete with governments.

High imports of a number of US steel products are putting jobs and investment at risk. We need strong enforcement of our trade unfair import laws to level the playing field and ensure a strong US manufacturing base, ”concluded Gibson.