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India is under the scanner of the US Department of Commerce for alleged dumping of cheap steel pipes in the country thereby affecting the business of local manufacturers.
The Commerce Department launched a probe against South Korea, India, Vietnam, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, and Ukraine on allegedly unfair and illegal trade practises.
It is alleged that India and eight other countries are illegally selling steel pipe at an unfairly low prices in America.
US Senator Rob Portman called on the US International Trade Commission (ITC) to protect domestic producers of Oil Country Tubular Goods (OCTG) from foreign competitors that use unfair and illegal trade practises.
American Senators pointed out that the import of Oil Country Tubular Goods (OCTG) from these countries increased from 840,000 net ton in 2010 to more than 1,770,000 net ton in 2012, with the number continuing to rise.
OCTG are used for domestic oil exploration, particularly in the shale industry, and are produced in Ohio by companies including US Steel in Lorain, Wheatland Tube Company in Warren, Vallourec Star in Youngstown, and TMK IPSCO in Brookfield.