PITTSBURGH, Sept. 12, 2016 /PRNewswire/ -- Today, United
States Steel Corporation (NYSE: X) President and CEO Mario Longhi issued the following statement in
response to the International Trade Commission (ITC)'s affirmative
injury determination regarding hot-rolled steel imports from
Australia, Brazil, Japan, the
Netherlands, South Korea
and the United Kingdom.
Longhi's statement follows:
"It is clear that the International Trade Commission recognized
the significance of this case to the domestic industry as
demonstrated by its affirmative determination in the hot-rolled
steel investigation from Australia, Brazil, Japan, the
Netherlands, South Korea
and the United Kingdom. We are encouraged that we have
received affirmative determinations in the vast majority of the
three flat-rolled cases we have filed. This decision is yet
another positive step towards establishing a level playing
field. We know that there is work yet to be done, and we will
continue our efforts to ensure fair trade and adherence to the rule
of law."
The ITC previously announced its final injury determinations in
the antidumping and countervailing duty investigations regarding
cold-rolled and corrosion-resistant steels. The ITC issued
affirmative determinations in the cold-rolled investigation against
Brazil, China, India,
Japan, South Korea and the United Kingdom. The ITC
unanimously issued affirmative determinations against
corrosion-resistant steel imports from China, India,
Italy, Korea and Taiwan.
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SOURCE United States Steel Corporation