PITTSBURGH, May 26, 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) decision to initiate an investigation into the allegations contained in the company’s 337 filing against Chinese steel producers.
Longhi’s statement follows:
“United States Steel Corporation is pleased with the International Trade Commission’s decision to initiate an investigation into the allegations contained in our 337 complaint. We are deeply grateful to the thousands of local, state and federal officials, trade associations, customers and suppliers, employees, and our union brothers and sisters for their strong support for the case initiation. We strongly believe that Chinese steel producers have engaged in illegal unfair methods of competition, which have created a force with which no market economy can compete.
