Vallourec On Top in Trade Case



Tribune Chronicle Staff | The Tribune Chronicle

Vallourec Star has won a favorable ruling from the U.S. International Trade Commission on claims the industry was harmed by subsidized and unfairly priced imports from Korea, Russia and Ukraine.

The win for Vallourec — the largest U.S. producer of seamless steel tube with a plant in Youngstown — means the U.S. Department of Commerce will issue anti-dumping duty orders on seamless tubular imports from the three countries and countervailing duty orders on those products from Korea and Russia.

Both are tariffs on goods coming into the United States. Anti-dumping duties are placed to offset unfair foreign pricing and countervailing duties are placed to counter government-subsidized goods.

Vallourec petitioned the trade commission and commerce department in July 2020 to conduct an investigation that determined the industry was “materially injured” by pipe imports from the countries coming into the U.S.

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