International Trade Comission received this Tuesday complaint of U.S. Steel Co. on carbon, alloy steel products, related to the main steelmakers of China.
U.S. Steel filed a tough new trade complaint against China last week as it reported another quarter of disappointing results.
The company posted a net loss for the first quarter of $340 million, or $2.32 per share, down from $75 million, or $0.52 per share, in the same quarter a year ago. U.S. Steel now lost money in seven of the past eight quarters.
Net sales declined 30% to $2.3 billion from $3.3 billion.
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