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3 Reasons Why AK Steel's Recent Rally Will Continue

2015-06-12 21:24:01| Steel - Topix.net

Steelmakers in the U.S., including AKS, have filed anti-dumping petitions to stop the import of cheap steel from China, a move that can improve prices and margins by around 5%. AKS should be able to prove the dumping allegations since steelmakers in China, India, and other countries enjoy subsidies from the government, giving them an undue advantage over U.S. steelmakers.

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