U.S. Steel (X) confirms it's part of a 9-country trade action against imports of OCTG from 9...

|By:, SA News Editor

U.S. Steel (X) confirms it's part of a 9-country trade action against imports of OCTG from 9 countries, alleging dumping and in some cases, subsidies, which could potentially be a "landmark" win for the U.S. steel industry. The stock jumped along with Tenaris (TS) into the close on rumors of the filing.