Market News
Steel Imports From China, Italy Hurt US Economy - US Trade Commission
Forged steel fittings from China and Italy are sold in the United States at "less than fair value" and are subsidized by the Chinese government, according to the US Commerce Department.

USITC Chairman David Johanson and Commissioners Irving Williamson, Meredith Broadbent, Rhonda Schmidtlein and Jason Kearns voted in favor of the decision, according to the press release.
The Commerce Department will issue anti-dumping duty rules on steel imports from China and Italy as a result of the action.