Anti-Dumping Ruling Good For Domestic OCTG
The US Commerce Department’s decision to levy anti-dumping duties of up to 15.75% on Korean exporters of oil country tubular goods (OCTG; a family of supplies used for drilling) is being seen as a boon for domestic steel producers, but it may not have a big enough impact in the near term to dramatically change the market’s view on specific OCTG producing stocks.
“While this is a plus for TS, we . . .
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