Congressman Tim Ryan Statement on International Trade Commission Ruling on Oil Country Tubular Goods (OCTG) Imports
Congressman Tim Ryan today issued the following statement in response to the International Trade Commission ruling on the dumping of imports in certain Oil Country Tubular Goods (OCTG) into the United States:
“I am pleased that International Trade Commission has come out on the side of American manufacturing. This decision makes it clear that a number of countries have been taking advantage of our American workers—and gaining an unfair advantage provided not by competition and higher productivity, but by government subsidies and currency manipulations. As I have said before, we cannot allow good-paying jobs to be taken away from companies in my District like Warren’s Energex Tube, TMK IPSCO, and Vallourec Star.
“This also ensures that going forward, companies will not be able to take advantage of American manufacturing. In testimony that I submitted to the International Trade Commission, I noted that Vallourec Steel has invested over $1 billion, created over 350 jobs, but has struggled to compete with overseas companies, particularly from Korea. The ITC’s decision will give Ohio the level playing field it deserves and help our state remain one of the top steel producers in the country.”
US International Trade Commission press release on the decision can be found here.