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Stock Market & Financial Investment News

News Breaks
July 31, 2013
17:58 EDTAKSAK Steel to ask U.S. to seek further rulings against China
AK Steel said that the Chinese Ministry of Commerce has announced its purported implementation of the recommendations and rulings of the World Trade Organization Dispute Settlement Body regarding MOFCOM's flawed investigation regarding imports of grain oriented electrical steel from the United States. In the GOES case, a WTO dispute panel found that MOFCOM's findings on injury and causation violated China's WTO obligations because, among other things, they were not based on positive evidence and an objective examination of the evidence. "AK Steel applauds the efforts of the United States Trade Representative to enforce China's WTO obligations in this dispute," said James Wainscott, CEO of AK Steel. "We are disappointed that the Government of China has chosen to disregard its WTO obligations, and we will continue to urge the U.S. Government to seek further rulings that China has not complied with the DSB's recommendations and rulings." AK Steel will also request that the U.S. Government seek WTO authorization to impose retaliatory tariffs against certain imports from China until China comes into compliance by revoking the antidumping and countervailing duty measures on GOES from the United States.
News For AKS From The Last 14 Days
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January 27, 2015
08:33 EDTAKSAK Steel reports Q4 shipments of 2.01M tons, compared to 1.42 tons a year ago
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08:32 EDTAKSAK Steel reports Q4 adjusted EPS 14c, consensus 7c
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January 26, 2015
15:40 EDTAKSNotable companies reporting before tomorrow's open
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