PITTSBURGH, July 15, 2014 /PRNewswire/ -- Today United States Steel Corporation (NYSE:X) President and CEO Mario Longhi issued the following statement regarding his testimony before the International Trade Commission (ITC) regarding the trade case on Oil Country Tubular Goods (OCTG) against nine countries including South Korea. The Company, the largest integrated producer of tubular products headquartered in the United States, is a petitioner in the case.
Longhi's statement follows:
"We appreciated the opportunity to testify before the International Trade Commission (ITC) today to present compelling evidence of the significant, material harm inflicted upon the domestic steel industry by companies from nine countries. We have faith in the process, and the diligent and conscientious work of the ITC. We remain confident that this esteemed body will find that domestic Oil Country Tubular Goods (OCTG) producers have been materially harmed as a result of unfairly traded products.
"We are deeply grateful for the support of our partners at the United Steelworkers, who joined us in testifying today and shared how their members - our employees - have suffered as a result of this surge of unfairly traded products."
United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 200 company with major production operations in the United States, Canada and Central Europe and an annual raw steelmaking capability of 27 million net tons. The company manufactures a wide range of value-added steel sheet and tubular products. For more information about U. S. Steel, please visit www.ussteel.com.
- Basic Materials Industry
- Mario Longhi