Trade Cases
OCTG Imports from Argentina, Mexico, Russia Under Investigation
Written by Tim Triplett
November 19, 2021
At the direction of the U.S. International Trade Commission, the U.S. Commerce Department will continue to investigate oil country tubular goods (OCTG) imports from Argentina, Mexico and Russia that are allegedly being subsidized and dumped in the U.S. at below fair value.
In a Nov. 19 vote, the USITC ruled there is reasonable indication that the U.S. industry is being materially injured by unfair OCTG imports from the three nations. It accuses the governments of Russia and South Korea of subsidizing their OCTG producers.
The investigation covers hollow steel products of circular cross section including seamless or welded oil well casing and tubing, as well as OCTG coupling stock.
Petitioners in the case include Borusan Mannesmann Pipe U.S., PTC Liberty Tubulars, U.S. Steel Tubular Products, Welded Tube USA and the AFL-CIO.
The Commerce Department will issue its preliminary countervailing duty determinations by Dec. 30 and its preliminary antidumping duty determinations by March 15, 2022.
According to the filing, U.S. producers had OCTG shipments of $2.1 billion in 2020. Imports from the nations in question amounted to $493 million of a total $3.1 billion in U.S. consumption.
Unfair imports of OCTG products don’t just impact producers of tubular goods. The OCTG sector is a major consumer of the flat-rolled steel and plate produced in the U.S.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest in Trade Cases
Breaking News: Trump’s ‘Liberation Day’ brings 10% baseline tariffs; steel, aluminum, and autos/parts excluded
President Trump’s promised “Liberation Day” has arrived, with a 10% minimum tariff on imports. But there are some very important exceptions: The United States’ USMCA partners, Canada and Mexico, are excluded from the reciprocal tariffs for now. In addition, steel, aluminum, as well as autos and auto parts are excluded from the reciprocal tariffs. That’s […]
Price on Trade: Auto tariffs, auto parts, and Hyundai – a world of rapid changes
Trump's new auto tariffs will apply to passenger vehicles (including sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans), light trucks, and certain automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components).
CRU: Canacero urges Mexico-US partnership to fend off Asian steel imports
Victor Cairo, head of Mexico’s steel sector body Canacero and CEO of ArcelorMittal Mexico, says he is confident negotiations between the Mexican and US governments planned for April 2 will lead to the creation of a regional block to substitute imports, especially from Asia.
US chassis makers seek duties on imports from Mexico, Thailand, and Vietnam
Upon the request of US chassis manufacturers, the Commerce Department this week initiated investigations into the alleged dumping and subsidization of chassis imported from Mexico, Thailand, and Vietnam.
European Commission eyes stricter limit on tariff-free steel imports
The European Commmission is reducing the amount of tariff-free foreign steel that can enter the EU.