CHINA SAYS THAT U.S. STEEL COMPLAINT "HAVE NO FACTUAL BASIS"

China's Commerce Ministry said that the complaints "have no factual basis," and it urged the ITC to reject U.S. Steel's case.

U.S. Steel Corp. filed a trade complaint with the ITC, starting off with a traditional pricing complaint: "The Chinese industry has formed a cartel that sets purchase and sale prices, and controls production and export volumes to target export markets."