Date
21 January 2017
Chinese hackers stole proprietary steel technology belonging to US Steel Corp, the American firm says. Photo: Bloomberg
Chinese hackers stole proprietary steel technology belonging to US Steel Corp, the American firm says. Photo: Bloomberg

US Steel accuses China of stealing trade secrets

US Steel Corp. has alleged that Chinese government hackers stole proprietary methods for making lightweight steel to help the nation’s steel producers, the Wall Street Journal reported.

In a complaint lodged this week with the International Trade Commission, the US firm said a computer belonging to a Pittsburgh researcher was hacked in 2011, and that plans for developing new steel technology were stolen, the report said.

A forensic analysis into the 2011 hacking revealed that the culprits were based in China, the US steel giant was quoted as saying.

​The ITC, an independent agency that reviews and enforces US trade policy, has 30 days to decide whether to launch an investigation.

A probe will reveal that the Chinese government disseminated US Steel’s trade secrets to Chinese steelmakers, enabling them to make lightweight steels that compete with the American firm’s products, US Steel says.

In a statement Wednesday, China’s commerce ministry urged US authorities to reject US Steel’s trade complaint, saying allegations of intellectual property infringement “are completely without factual basis”. 

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RC

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