Skip navigation
logo
(AFX UK Focus) 2007-08-06 18:59
Tenaris says trade case against China's steel pipes being filed before ITC
Article layout: raw

MILAN (Thomson Financial) - Tenaris SA chief financial officer Carlos Condorelli said a trade case against subsidised Chinese exports of standard steel pipes to the US is being filed before the International Trade Commission.

"As an industry, we are not happy to see China taking an important share of the US market via subisides. A trade case against standard pipes is being filed," Condorelli told analysts during a conference call.

Condorelli also said that pipe makers are also "evaluating options" about the OCTG (Oil Country Tubular Good) pipes.

Tenaris, which makes steel tubes mainly for the oil and gas sector, recently increased its exposure to North America by acquiring Maverick Tube Corp and Hydril Company steel tube companies. danilo.masoni@thomson.com dm/dm/lce

COPYRIGHT

Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

Trade policy, WTO, APEC, etc
Article layout: raw
Jump back to site navigation