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MALAYSIAN AND THAI STEEL PIPE PRODUCERS EYED BY DOMESTIC INDUSTRY

MALAYSIAN AND THAI STEEL PIPE PRODUCERS EYED BY DOMESTIC INDUSTRY
 WASHINGTON, Jan. 30 /PRNewswire/ -- The domestic welded stainless steel pipe industry is now concerned that low-priced imports from Malaysia and Thailand will surge in the near future in response to recent dumping petitions filed against Korea and Taiwan.
 According to members of the industry, since Nov. 18, 1991, the date the dumping cases were filed, several million dollars worth of low-priced business already has been placed with Malaysian and Thai producers.
 "We are watching this situation closely and are prepared to take action if we find that these countries are dumping in our market," said William K. Grant, chairman of the Specialty Tubing Group. Grant is president of the Trent Tube Division, Crucible Materials Corporation, East Troy, Wis., a co-petitioner in the dumping cases.
 On Dec. 30, 1991, the U.S. International Trade Commission determined there was a reasonable indication that imports of welded stainless steel pipe from Korea and Taiwan were injuring or threatening material injury to domestic pipe producers. The affirmative finding moves the case forward at the Commerce Department, which will determine dumping margins by April.
 In addition to Trent Tube, the cases against Korea and Taiwan were filed by Avesta Sandvik Tube, Inc., Schaumburg, Ill.; Bristol Metals, Bristol, Tenn.; Damascus Tubular Products, Greenville, Pa.; and the United Steelworkers of America.
 -0- 1/30/92
 /CONTACT: Meg Mullery of Georgetown Communications, 202-342-8439, for Specialty Tubing Group/ CO: Specialty Tubing Group ST: District of Columbia IN: MNG SU:


MK -- DC017 -- 5272 01/30/92 13:07 EST
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Publication:PR Newswire
Date:Jan 30, 1992
Words:259
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