"By shutting off this Chinese steel, it's going to put a tremendous amount of pressure on the tubular industry," said Mike Jordan, CEO of Mike Jordan Co. in Fort Smith, Ark. Mr. Jordan said his company, which sold $250 million of tubular steel in the past three years, is searching for products from other countries, but he added: "There's not enough quality steel mills in the world to produce the type of steel needed for wells being drilled in the U.S." He predicted domestic steel producers will raise steel prices that could eventually be passed on to consumers"

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