Blog, Steel Pipe and Sheet Piling news
American Division of TMK Receiving Boost From August AD & CD Rulings
The American division of TMK – the largest manufacture and exporter of steel pipe in Russia – is expected to benefit from the United States International Trade Commission’s ruling declared in August to implement anti-dumping and countervailing duties on nine countries that import pipe products.
Deal’s End May Boost U.S. Steel Industry
The recent termination of a suspension agreement that shelters Russian hot rolled coil from high import duties could have some positive effects for steelmakers in the United States. The termination of the 15-year-old agreement, as well as the implementation of anti-dumping duties, was finalized in December.
Suspension Agreement Between Russia and U.S. Terminated
The United States Department of Commerce released a notice in October 2014 that issued the termination of a long-standing suspension agreement between the U.S. and Russia, and imposed anti-dumping duties on hot rolled steel products from the Russian Federation.
Ameron Plans Steel Pipe Plant in Mexico
To meet the demand for steel pipe in Mexico, as well as major North American cities on the West Coast, Ameron International Corporation is planning to build a pipe plant outside of San Luis Rio Colorado, Mexico. This facility, which is estimated to be a total investment of $88 million, will produce pipe that is utilized in oil, gas, and water transportation industries.
US AD and CVD Line Pipe Petitions Lead to Growing Concerns from Korean Exporters
The Department of Commerce announced on Nov. 6, 2014 the beginning of an antidumping duty (AD) and countervailing duty (CVD) investigations into welded API (American Petroleum Institute) line pipe that has been imported to the United States from the republic of Korea and the Republic of Turkey.
North Dakota Reduces Natural Gas Flaring
Due to the increase in oil production North Dakota has recently seen, there is an increased volume of associated gas that is burned into the atmosphere which has the potential to negatively contribute to global warning. In an effort to avoid being a factor to global warming and to decrease how much natural gas is flared, the North Dakota Industrial Commission (NDIC) has established targets to be reached over the course of the next several years.
The Impact of Oil Price Reduction
While it is clear that consumers are happy with the recent, continuous decrease in oil, the impact such a change is having on the global economy needs to be closely examined. The price of oil hasn’t been this low, dropping almost by half, since 2009 when the United States’ was suffering from a recession.
JFE Shoji Trade to Acquire US Pipe Distributor
A recent announcement released information that JFE Shoji Trade Corp., including its subsidiaries JFE Holdings and JFE Steel, will be acquiring one of the United States’ largest pipe distributors, Kelly Pipe, whose history extends over 100 years.
Saddlehorn Oil Pipeline Moving Forward
The planned Saddlehorn pipeline, running between the Niobrara play and Oklahoma, is a "go" according to Magellan Midstream. This announcement comes on the heels of commitments made by subsidies of Anadarko Petroleum and Noble Energy. The proposed line will carry various qualities of crude oil from Northeast Colorado straight to Magellan's facilities in Cushing.
Imported Line Pipe Prices Threatening Domestic Production
Sources within the domestic line pipe production industry are worried that the low prices of imported line pipe will have a negative effect on domestic production.
Onshore Pipe Projections Positive Through 2015
In the wake of the downturn in developed economies across the world in 2012, demand for energy infrastructure as well as available credit lines both took a negative hit. However, at least one recent projection pegs both of these as rising, and continuing to do so throughout the next year.
Natural Gas The Fuel Of Choice In Colder Regions
Just as temperatures are beginning to drop across the country, natural gas consumption is on the rise. However, the trend does not extend to all regions. Rather, it is centered most notably in the coldest parts of the country, namely the Midwest and Northeast.
Some US OCTG Line Pipe Distributors In Tough Position
In a trend that has affected more than one OCTG line pipe distributor, domestic mills are either charging a premium on their goods, or just flat out refusing to sell outside their current circle of contacts. In the past, this practice has forced distributors to buy abroad. However, this has become a much tougher proposition since the recent trade ruling.
North Dakota’s Natural Gas Problem
Currently, nearly 1/3 of the natural gas produced from oil-drilling projects in North Dakota is flared. In response to the state's increased oil production in recent years, and subsequent increase in burn-off, the North Dakota Industrial Commission (NDIC) has put goals into place in order to decrease the amount of flared gas in the coming months and years.