Steel Products Prices North America
December 23, 2014
South Korea Challenges U.S. Over OCTG Tariffs
Written by Sandy Williams
South Korea has filed a complaint with the World Trade Organization (WTO) over the U.S. decision to impose countervailing and antidumping on tariffs on steel pipe from South Korea.
In 2013, South Korea exported 894,300 tons of OCTG products to the U.S., which U.S. steelmakers said were sold in the U.S. at artificially low prices. In August, the International Trade Commission confirmed tariffs imposed by the DOC of up to 16 percent on the South Korean steel pipe used in oil drilling.
