U. S. Steel President And CEO Applauds Affirmative Decisions By Department Of Commerce In Trade Cases

PITTSBURGH, Aug. 5, 2016 /PRNewswire/ -- Today United States Steel Corporation (NYSE: X) President and CEO Mario Longhi issued the following statement in response to the Department of Commerce (DOC)'s affirmative decisions in the three trade cases the Company was a petitioner in – corrosion-resistant, cold-rolled and hot-rolled. The DOC announced its affirmative final determinations in the antidumping and countervailing duty investigations concerning imports of hot-rolled steel against Australia, Brazil, Japan, Korea, Netherlands, Turkey and the United Kingdom today.

Longhi's statement follows:

"United States Steel Corporation is pleased by the Department of Commerce's final determinations in each of the three flat-rolled trade cases we filed in 2015. The DOC's thorough investigations have resulted in findings confirming what we knew to be true – that these countries have subsidized and dumped steel products on our shores.

"We applaud the diligent work of the Department of Commerce and look forward to the final determinations by the International Trade Commission in both the cold-rolled and hot-rolled steel cases."

SOURCE United States Steel Corporation

Related Links

http://www.ussteel.com