AISI Applauds ITC Imports Vote

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For Immediate Release
August 16, 2013

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) applauds today’s affirmative preliminary injury vote by the International Trade Commission (ITC), which allows the antidumping and countervailing duty investigations on certain Oil Country Tubular Goods (OCTG) from India, Philippines, Saudi Arabia, South Korea, Taiwan, Thailand, Turkey, Ukraine and Vietnam to move forward.   

Thomas J. Gibson, president and CEO of AISI, said, “We are very pleased that the ITC has taken this significant first step in making a preliminary determination that these imports are causing material injury to the domestic steel industry.  The U.S. laws against unfair trade exist to counter market-distorting practices – like dumping and subsidies -- and to restore conditions of fair trade.  U.S. companies and their workers deserve to have a fair shake, and we applaud today’s vote as an important move towards providing U.S. steel producers relief from unfairly traded OCTG imports.”

Gibson said that imports from these countries have surged by 111 percent in the past few years.  He noted that the volume of U.S. imports of OCTG from the subject countries soared from 840,313 net tons (NT) in 2010 to 1,771,320 NT in 2012.  In the first quarter of this year, 425,987 NT of imports entered the market from the subject countries.

Industry petitioners include: Boomerang Tube; Energex Tube, a division of JMC Steel Group; Maverick Tube Corporation; Northwest Pipe Company; Tejas Tubular Products; TMK IPSCO; United States Steel Corporation; Vallourec Star, L.P.; Welded Tube USA, Inc.

Contact: Lisa Harrison
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AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice.  AISI also plays a lead role in the development and application of new steels and steelmaking technology.  AISI is comprised of 24 member companies, including integrated and electric furnace steelmakers, and 125 associate members who are suppliers to or customers of the steel industry.  AISI’s member companies represent over three quarters of both U.S. and North American steel capacity.  For more news about steel and its applications, view AISI’s website at