The United States International Trade Commission determinedthat there is a reasonable indication that a US industry is materially injuredor threatened with material injury by reason of imports of certain circularwelded carbon quality steel line pipe from China that are allegedly subsidizedand imports of this product from China and Korea that are allegedly sold in theUnited States at less than fair value.

All six Commissioners voted in the affirmative.

As a result of the Commission's affirmative determinations,the US Department of Commerce will continue to conduct its countervailing dutyinvestigation on imports of this product from China and antidumpinginvestigations of imports of this product from China and Korea, with itspreliminary countervailing duty determination due on or about June 27th 2008and its preliminary antidumping determinations due on or about September 10,2008.

Petitioners are Maverick Tube Corp, Tex Tube Co, US Steel Corpand the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, AlliedIndustrial and Service Workers International Union, AFL CIO CLC.

May 18, 2008

Source: steelguru.com