Steel Products Prices North America
Structural Tube Trade Case Filed
Written by Sandy Williams
July 23, 2015
A unfair trade case was filed by US pipe and tube producers on Tuesday against makers and exporters of heavy-walled rectangular steel pipes and tubes from South Korea, Mexico and Turkey.
The product in question is commonly called “structural tubing” and is used in construction, transportation and farm applications.
The alleged dumping margins filed by the petitioners are:
South Korea 79.8%
Mexico 23.4%
Turkey 96.1 – 108.2%
A subsidy investigation was also requested regarding the Turkish imports.
According to the petition, imports of structural tubing between 2012 and 2014 have grown 48 percent from South Korea to 83,326 tons, 22.9 percent from Mexico to 72,345 tons and 83.2 percent from Turkey to 62,035 tons.
The petitioners are Atlas Tube, a division of JMC Steel Group; Bull Moose Tube; Hannibal Industries; Independence Tube; Maruichi American; Searing Industries; Southland Tube, and Vest Inc. EXLTUBE, another petitioner, excluded Mexico. They are represented by Schagrin Associates.
If the US Department of Commerce moves forward on the investigation, a preliminary decision on countervailing will occur on or around October 19 and on antidumping on December 28, 2015.
The next step would be a preliminary determination by the ITC on September 4 on whether there is reasonable indication that the domestic industry was materially injured by the imports from the three countries.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products Prices North America
Nucor lifts HR spot price by $10/ton
Nucor has raised its weekly spot list price on hot-rolled coil by $10 per short ton (st) after keeping it unchanged since Aug. 25.
Atlas Tube up $50/ton following NLMK USA sheet price hike
Atlas Tube, in a leading move, said it aims to increase prices for mechanical tubing, hollow structural sections (HSS), and piling products by at least $50 per short ton (st).
NLMK USA up $50/ton on HR and CR, up $100/ton on coated
NLMK USA plans to increase prices for hot-rolled and cold-rolled coil by at least $50 per short ton (st). The move is effective immediately for all spot orders, the steelmaker said in a letter to customers on Friday.
SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...
Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.