U.S. Threaded Rod Producers React
FEATURE
U.S. threaded rod manufacturers expressed their support for the U.S. International Trade Commission’s ruling against imports of certain steel threaded rod from India and Thailand.
While not surprised, domestic producers expressed relief at the determination.
“Our finished product ‘cost’ was higher than the price they were offering it to our customers for,” Bay Standard Mfg. president Greg Iverson told FIN.
“Producers overseas produce all thread rod, use similar equipment to thread the product, from similar steel and then have to ship it half way around the world and they still find a way to sell it for less than our production costs. Something is just not right.”
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