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U.S. Announces Preliminary Duties on Stainless Sheet, Strip

In a ruling issued Monday, the Commerce Department said Chinese producers have been selling products at less than fair market value, undercutting U.S. producers.

The investigation, which began earlier this year, arose on a complaint from AK Steel Corp., Allegheny Technologies Inc., North American Stainless, and Outokumpu Stainless USA. About 133,500 metric tons of imported into the U.S. in 2015, according to the department.