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."
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SOURCE United States Steel Corporation