As expected, the U.S. International Trade Commission on May 2 voted in favor of imposing antidumping penalties ranging from 30-99% on various Chinese producers of oil country tubular goods. The ITC vote is the final step in a trade case filed on April 8, 2009 by eight domestic OCTG produces and the United Steel Workers union. This case was the largest China trade action brought by any sector of U.S. industry based on volume and value of imports.
OCTG Tariffs Affirmed
June 1, 2010