MDN has kept an eye on the developing story of foreign countries–particular South Korea–“dumping” cheap steel pipes in the U.S., pipes used in the shale drilling industry (see US Senators Join Chorus: “Illegal” Steel Pipe Dumping by S Korea and “Dumping” Leads to 177 Jobs Lost at PA Marcellus Pipeline Plant). Seems that the Obama Commerce Department agrees and has taken decisive action to put an end to it. Last Friday the Commerce Department slapped a stiff tariff (i.e. tax) on tubular goods (steel pipes) coming in to the U.S. from South Korea and eight other countries…
