News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Akron Children's Hospital

Lehmans

Akron General


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Ohio pipemakers say foreign steel is crowding them out of the shale boom
The push is on for tariffs to county what U.S. manufacturers say is dumping at below-market prices
Story by BRIAN BULL


 
The shale boom originally meant big investment in U.S. steel pipe, but some of that has shifted to foreign producers.
Courtesy of File photo
Download (WKSU Only)
In The Region:

Shale drilling across much of the United States has increased demand for steel pipe, which has benefited U.S. steel producers, but that picture is starting to change. For Ohio Public Radio, Brian Bull reports:

LISTEN: Shale pipe competition

Other options:
Windows Media / MP3 Download (1:25)


Increasingly, it’s foreign steel makers enjoying the payoff from the shale boom. 

An analysis by the Economic Policy Institute shows U.S. steel imports spiked 26 percent in the first three months of 2014. South Korea, China and India are flooding the U.S. market with steel tubes used in oil and gas production and selling them at below-market-rates.

U.S. Steel Corp. blames this trend for its idling of two mills in Texas and Pennsylvania this summer. 

Company spokeswoman Courtney Boone says its Ohio plant is also affected.

“In the last three years, we’ve made upwards of $200 million of investment to create a competitive advantage for Lorain. Unfortunately, because of the large quantity of unfairly traded tubular products and imports, the company’s not realizing the benefit.”

Nonunion shops have issues, too
The pro-union Economic Policy Institute, estimates 34,000 steel jobs in Ohio are at risk if what it calls “dumping” continues.

Politicians and steel industry leaders alike are calling for greater enforcement of trade laws. But non-union steel companies also are calling for a more level playing field. 

Dan DiMicco is chairman emeritus at Nucor Corporation.

“You’re gonna have to put tariffs on the final products, and get them to understand that they can’t dump it here without penalty,” he says.

Meanwhile, U.S. Steel is suing South Korea for alleged dumping.

 

 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook



Stories with Recent Comments

The Black Keys guitar tech's moment in the spotlight
Nice job, Vivian. It's always nice to hear about the unsung heroes getting their due! Thank you, Chuck Johnston (Full disclosure - I'm a friend of the Carney fa...

Akron's Tuba Christmas: A resounding blast of holiday spirit
Nice piece, Vivian! Looking forward to hearing you move from flute to tuba on Saturday. Love hearing your interviews and this seemed extra special since I kno...

Cleveland Hugo Boss workers are fighting for their jobs again
Bro. Ginard; I support your effert to keep your jobs, I understand all about concesions, I was a Union offical from 1965 until 1991 and the company th...

Asian Carp control could benefit from bill passed by House, heading to the Senate
help me fight the battle against invasive carp by method of harvest

Ohio's Portman supports lifting limits on party political money
If Portman was legitimately concerned about outside groups influence on elections he would have supported the DISCLOSE act. Instead he helped block it being bro...

Study shows trade with China has cost more than 3 million U.S. jobs
I disagree with James Dorn! If we don't change the playing field and make it a fair competition the whole US industry will be weaker and weaker. Eventually all ...

Video of Cleveland police shooting a 12-year-old is critical to the investigation
While I think this is a very unfortunate, the fact is that police are trained to aim for the large mass of a human to stop them. If they aimed for the leg it w...

Wayne County teacher says he was fired for criticizing dairy
This is bull crap Smithville Schools have changed ever since the new school I'm so ashamed at the district I wish I could pick my house up and move it to anothe...

White Castle is closing its five Northeast Ohio restaurants
you should open a white castle in logan ohio.i'm pretty sure you disappointed,thank you...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University