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How Will AK Steel (AKS) Stock React to Federal Government's Duties Confirmation?

2014-10-08 21:48:25| Steel - Topix.net

The U.S. Department of Commerce said Tuesday it would impose duties on imports of non-oriented electrical steel, which is used in generators, motors, and transformers, from China, Japan, Germany, Sweden, South Korea, and Taiwan. The fees range from 6.88% for South Korean companies such as Daewoo International to up to 407.52% for some Chinese companies.

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