LRC's copper tubes

United States applied a anti-dumping tariff on imports of copper tubes from China and Mexico.

Quote from www.chinamining.org:

"The tariffs will average 34.48 percent on U.S. imports from China, which were $233 million in 2009, the Commerce Department said in a statement today. The duties will average 30.9 percent on the $130 million in imports from Mexico. "

Even though LRC does not use chinese copper, this will affect pricing of all copper tubing products in the United States.

http://www.businessweek.com/news/2010-05-06/zhejiang-iusa-face-u-s-duties-on-copper-pipe-update1-.html

http://en.21cbh.com/HTML/2010-6-22/zNMDAwMDE4MzIzNw.html

http://www.chinamining.org/News/2010-05-07/1273200904d35972.html