Trump's Antidumping Promise Ignites World-Beating Steel Rally
- Measures coming ‘very soon’ to restrict steel imports: Trump
- Steel report may recommend tariffs, quotas as remedies: Ross
Trump Says He Plans Crackdown on Foreign Steel Dumping
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AK Steel Holding Corp. and United States Steel Corp. paced gains by U.S. producers of the metal amid growing expectation that President Donald Trump is about to step up measures to block cheap imports.
West Chester, Ohio-based AK Steel jumped 6.7 percent at 12:26 p.m. in New York, while Pittsburgh-based U.S. Steel rose 5.7 percent. They were the two best performers in the Bloomberg World Iron/Steel Index, which gained 0.4 percent.