Pipe dumping trade case proceeds against South Korea, other countries

HOUSTON -- While the U.S. upstream industry is busy with yet another year of heavy activity, particularly drilling related to shale oil development, another action is underway that is related to the supply and cost of pipe for these projects. Not receiving much publicity, but proceeding on its own timeline, is a trade case launched by a number of U.S. pipe manufacturers, alleging that South Korean firms are illegally dumping large amounts of oil country tubular goods (OCTGs) on the U.S. market at abnormally low prices.

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