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Senators want Biden to lower South Korean import quota for piping products
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Senators want Biden to lower South Korean import quota for piping products
Sep 1, 2024 1:21 AM

WASHINGTON, Aug 30 (Reuters) - Three Democratic U.S.

senators on Friday urged the Biden administration to reduce the

current import quota set on oil and gas drilling pipes from

South Korea, saying it has impacted companies with operations in

Ohio and Pennsylvania.

The senators -- Sherrod Brown of Ohio and Bob Casey and John

Fetterman of Pennsylvania noted the market for products known as

Oil Country Tubular Goods, used for drilling, extraction and

transport of oil and natural gas has declined and resulted in

layoffs by companies with U.S. operations. The reduced demand

and quota has impacted companies like Tenaris, which

has operations in Ohio and Pennsylvania, the senators said.

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