U.S. Steel rally on antidumping probe premature, says Wells Fargo Wells Fargo notes that shares of U.S. Steel rallied sharply yesterday following news that OCTG producers filed a petition with the ITC to conduct an antidumping investigation against nine countries. Wells views the rally as premature, noting that a final determination by the ITC can take over a year while the company's fundamentals remain challenging. The firm has a Market Perform rating on U.S. Steel.
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