United States Steel Corp. announced that it plans to relocate the administrative offices of
its U. S. Steel Tubular Products subsidiary from Dallas to the company's
corporate headquarters in Pittsburgh.
The U.S. International Trade Commission voted
unanimously to issue a countervailing duty order and an antidumping duty order
on imports of welded stainless pressure pipe from China.
The
American Iron and Steel Institute (AISI) reported that total steel imports were
down 5% in 2008 and finished steel imports fell 3%, based on preliminary
figures.
U. S. Steel Tubular Products announced that it will exit the
drawn-over-mandrel (DOM) tubular products business and close the DOM lines at
its Texas Operations Division in Lone Star, TX.
American Piping Products (APP) said it has received a growth equity investment
from Chicago-based The Edgewater Funds in partnership with APP’s senior
management team.