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NEWS RELEASE 02-038; May 10, 2002 May 10, 2002
News Release 02-038
Invs. Nos. 701-TA-428 and 731-TA-992-994 and 995-1005 (P)

ITC VOTES TO END CASES ON OIL COUNTRY TUBULAR GOODS FROM AUSTRIA, BRAZIL, CHINA, FRANCE, GERMANY, INDIA, INDONESIA, ROMANIA, SOUTH AFRICA, SPAIN, TURKEY, UKRAINE, AND VENEZUELA

The United States International Trade Commission (ITC) today determined that there is not a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of imports of oil country tubular goods from Austria that are allegedly subsidized and from Austria, Brazil, China, France, Germany, India, Indonesia, Romania, South Africa, Spain, Turkey, Ukraine, and Venezuela that are allegedly sold in the United States at less than fair value.

Chairman Stephen Koplan, Vice Chairman Deanna Tanner Okun, and Commissioners Marcia E. Miller and Jennifer A. Hillman voted in the negative. Commissioner Lynn M. Bragg voted in the affirmative.

As a result of the Commission's negative determinations, the cases will end.

The Commission's public report Oil Country Tubular Goods from Austria, Brazil, China, France, Germany, India, Indonesia, Romania, South Africa, Spain, Turkey, Ukraine, and Venezuela (Investigations Nos. 701-TA- 428 and 731-TA-992-994 and 996-1005 (Preliminary), USITC Publication 3511, May 2002) will contain the views of the Commission and information developed during the investigations.

Copies of the report are expected to be available after May 27, 2002, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.


UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436

FACTUAL HIGHLIGHTS

Oil Country Tubular Goods from Austria, Brazil, China, France, Germany, India, Indonesia, Romania, South Africa, Spain, Turkey, Ukraine, and Venezuela (1)
Investigations Nos.701-TA-428 and 731-TA-992-994 and 996-1005 (Preliminary)

Product Description: The imported product subject to these investigations is oil country tubular goods (OCTG) which are hollow steel products of circular cross-section, including oil well casing, tubing, and drill pipe, of iron (other than cast iron) or steel (both carbon and alloy), whether seamless or welded, whether or not conforming to American Petroleum Institute (API) or non-API specifications, whether finished or unfinished (including green tubes and limited service OCTG products). (2)

Status of Proceedings:
1. Types of investigations: Preliminary antidumping and countervailing. (3)
2. Petitioners:  IPSCO Tubulars, Inc., Camanche, IA; Koppel Steel Corp., Ambridge, PA; Lone Star
   Steel Co., Dallas, TX; Maverick Tube Corp., Chesterfield, MO; Newport Steel Corp., Newport,
   KY; and United States Steel Corp., Pittsburgh, PA. (4)
3. Preliminary investigations instituted by the USITC: March 29, 2002.
4. USITC staff conference: April 19, 2002.
5. USITC vote: May 10, 2002.
6. USITC notification of the U.S. Department of Commerce: May 13, 2002.

U.S. Industry:
1. Number of producers and processors of OCTG: 16. (5)
2. Location of producers' plants: Alabama, Arkansas, Colorado, Iowa, Kentucky, Ohio, Oklahoma,
   Pennsylvania and Texas.
3. Employment of production and related workers in 2001: 3,842.
4. U.S. producers' U.S. shipments (excluding exports) in 2001: 2,036,337 short tons, valued at
   $158,137,000.
5. U.S. apparent consumption in 2001: 3,010,617 short tons, valued at $2,223,142,000.
6. Ratio of subject imports to U.S. apparent consumption in 2001: By quantity,18.8 percent; by
   value, 15.2 percent.

U.S. Imports:
1. From the subject countries during 2001: 567,171 short tons, valued at $338,425,000.
2. From other countries during 2001: 407,109 short tons, valued at $304,580,000.

(1) Petition against Colombia was withdrawn on April 11, 2002, and Commerce did not investigate this country.
(2) Specifically excluded from the scope of these investigations are casing, tubing, or drill pipe containing 10.5 percent or more of chromium (stainless steel), and finished drill pipe with tool joint attached.
(3) Only Austria's Voest Alpine Tubulars GmbH & Co is subject to countervailing duty investigation.
(4) Lone Star does not join the petition against Romania.
(5) Eight steel mills and 3 processors provided information to the Commission. There are two other processors and three other known mills, which are believed to account for less than 5 percent of the value of OCTG produced in the U.S. during the period examined.

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