American Iron and Steel Institute Strongly Commends U.S. International Trade Commission Finding of Injury to Domestic Steel Producers Caused by Subsidized Steel Pipe from China

WASHINGTON, D.C., December 30, 2009 – The American Iron and Steel Institute (AISI) issued a statement today strongly commending the U.S. International Trade Commission’s (ITC’s) final injury determination in the countervailing duty (CVD/subsidy) part of an important trade remedies case involving an unprecedented surge of dumped and subsidized Chinese oil country tubular goods (OCTG) imports into the U.S. market.  Following is the statement by Thomas J. Gibson, president and CEO of AISI:

“AISI strongly commends the U.S. International Trade Commission’s unanimous ruling today in favor of U.S. steelmakers, who have been clearly injured by high levels of unfairly traded oil country tubular goods (steel pipe used primarily in the oil and gas industries) into the U.S. market, beginning in 2006 and continuing through the first half of 2009.   This affirmative ITC final injury decision in the subsidy part of the OCTG case is an important step toward allowing our competitive domestic OCTG producers to compete on a level playing field unhindered by unfair and injurious Chinese trade practices.  

At a time when the nation is struggling with double-digit unemployment, full and strict enforcement of our laws against dumped and subsidized imports of steel and other manufactured products from China is essential to maintaining a viable U.S. manufacturing sector in the United States.”