Donnelly: International Trade Commission’s OCTG Ruling Stands Up for U.S. Steel Industry
Voices support for final antidumping investigation findings
Evansville, IN— Senator Joe Donnelly today applauded the International Trade Commission’s final vote to assess duties on unfairly traded imports of oil country tubular goods (OCTG) that materially injure the domestic steel industry. In July, Donnelly sent a letter to the International Trade Commission encouraging them to uphold the Department of Commerce’s earlier ruling that duties should be levied against unfairly traded OCTG products from several countries, including South Korea.
Donnelly said, “I am glad to see the International Trade Commission standing up for the American manufacturing industry and the Hoosier steel community in this final decision. Their ruling reinforces what I have been saying from the start—that American workers deserve a level playing field on which to compete. I will continue working with my partners in Indiana and my colleagues in Congress to protect American jobs from unfair trade practices.”
In July, the Department of Commerce overturned an initial ruling and found that Korean producers of OCTG, like those in the other countries, have been selling the product at less than fair value in the United States. With this final approval of the ITC, additional duties will be imposed on the OCTG producers, preventing them from further undermining the U.S. and Indiana steel industry.
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