Permanent tariffs on OCTG from South Korea hand US steelmakers a victory, but domestic oil and gas companies' costs will rise

摘要

"With the rest of the world awash in mostly unprofitable steel, the US has become a jewel for foreign steelmakers. Imports of oil country tubular goods rose 22 per cent during the first half of 2014 to 1.8 million tons from 1.4 million tons over the same period in 2013." John W Miller of the Wall Street Journal was reporting a midsummer ruling by the US International Trade Commission (ITC) which marked a major political and economic victory for American steelmakers, notably US Steel Corp (Pittsburgh).