Korean Steel Escapes Tariffs

The Department of Commerce did not impose anti-dumping duties on oil and natural gas pipe products from South Korea, ranked as the largest exporter among nine nations targeted in a trade case filed by U.S. Steel Corp. and others.

Although imports continue to increase, the Commerce Department found that product coming in from Korea did not meet ‘dumping’ guidelines. Although Korea is the largest importer to the US with 894,300 tons in 2013, tariffs have been placed on products coming from five other countries, including India and Vietnam.

Read more about it here from TribLive.com.