By What Percentage Will U.S. Steel’s U.S. Flat-rolled Revenue Increase If Antidumping Duties Are Imposed On Steel Imports In The U.S.?
U.S. Steel’s U.S. Flat-rolled revenues in 2020 could rise by as much as 55% if antidumping duties are imposed in 2016. The U.S. Flat-rolled division accounts for roughly two-thirds of the company’s total revenue.
*Domestic steelmakers have petitioned U.S. trade authorities for the imposition of punitive duties on steel imports, with the final determination of duties expected in 2016.
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*As per the preliminary determination of U.S. Department of Commerce, Chinese steel imports (which account for the majority of U.S. steel imports) will be subject to antidumping duties of 256% in addition to countervailing duties of 236%.
Have more questions about U.S. Steel? See the links below.
- What Is U.S. Steel’s Revenue And EBITDA Breakdown?
- What Is U.S. Steel’s Fundamental Value Based On Expected 2015 Results?
- How Has U.S. Steel’s Revenue Composition Changed Over The Last 5 Years?
- By What Percentage Did U.S. Steel’s Revenue & EBITDA Change In The Last 5 Years?
- By What Percentage Can U.S. Steel’s Revenue & EBITDA Grow In The Next 3 Years?
- How Will U.S. Steel’s Revenue Composition Change By 2020 If Antidumping Duties Are Imposed On Steel Imports In The U.S. In 2016?
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