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US Steel Says China Is Using Cyber Stealth To Steal Its Secrets (npr.org)
An anonymous reader writes: U.S. Steel Corp. filed a trade complaint with the International Trade Commission: "The Chinese industry has formed a cartel that sets purchase and sale prices, and controls production and export volumes to target export markets. The Chinese industry has used its government to steal U.S. Steel's closely guarded trade secrets and uses those trade secrets to produce advanced steel products it could not make on its own." The steelmaker based in Pittsburgh argues its Chinese rivals must be investigated and that they will "use every tool available to fight for fair trade." The ITC has 30 days to review the complaint and determine whether or not it's worth investigating. In the meantime, China's Commerce Ministry said the complaints "have no factual basis," urging the ITC to reject U.S. Steel's case. The investigation will likely take a while if the ITC decides to proceed with an investigation, as they'll be dealing with three separate issues: price fixing, false labeling to avoid duties, and theft of trade secrets.
Fair trade
or
Trade secrets
Pick one.
usa imposed 266% duty on chinese steel imports in march.
http://www.wsj.com/articles/u-...
seems that failed to help push overpriced bad products
Sure China likes to commit industrial espionage. Everyone know that. However, when are corporations (individuals) going to stop hiding behind laws--in the hopes that they will save them--and start taking responsibility for their own security? When in the history of the world has a law stopped a sufficiently motivated criminal?
Two of my imaginary friends reproduced once
Just don't pretend you've a right to the high road. Chances are, your gov't engages in this subterfuge, too.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway
And Slashdot will defend China because most of the users here inexplicably hate the US.
That's bullshit. American /.ers hate either American big business (aka wallstreet) or they hate the American government (aka mainstreet). Some /.ers hate both. This is no different than the rest of America. In China they are basically the same thing, so you're just wrong.
From TFA:
"The Chinese industry has formed a cartel that sets purchase and sale prices, and controls production and export volumes to target export markets." But then it added a 21st century twist: "The Chinese industry has used its government to steal U.S. Steel's closely guarded trade secrets and uses those trade secrets to produce advanced steel products it could not make on its own."
THIS +1000
C|N>K
Of course a real investigation takes some time, 30 days to even decide whether to pursue an investigation. Meanwhile Chinese Baghdad Bob only takes zero days to do his own complete investigation into the matter before he's able to assert with total confidence that none of it's true.
Unless of course he's nothing but a lying propagandist whose quotes aren't worth the paper they're not even printed on.
Humans have been making steel for nearly 4000 years, and the Chinese have been making steel since the Warring States in like 400 BC, when Americans were still living in caves. So what trade secrets could we possibly have that they'd want?
You are welcome on my lawn.
you have been stealing secrets for a few centuries now
Really? Really?! You could have fooled me with all those US steel engineers flying out with specs and plans and installing new hardware and software and generally doing just about everything to move the entire fucking industrial supply chain out to China to cut down on labour costs. Is there a single thing that US steel manufacturers didn't teach their Chinese sub-contractors to do over the last 20 years? Out of curiosity. Indulge me here.
Why do companies put their most secret and important intellectual property (IP) on servers connected to the Internet? What they should do is put phony, but looking somewhat reasonable, IP on their "secure" servers. The IP thieves should have some significant difficulty getting at it to make them feel like it's the real stuff. When they spend millions or billions building a factory to duplicate the stuff and then find out it was bogus, so much the better. Maybe the thieves will stop stealing and spend their money and time on innovation.
In a time of universal deceit, telling the truth is a revolutionary act. George Orwell
...except for the whole trade show cret thing. That's how trade secrets work, their only protection is secrecy. Loose that and the protection is worthless.
Maybe if American companies didn't put their most sensitive information on servers maintained by cheap out of country IT workers and protect said data with cheap off the shelf hardware configured by the cheapest IT staff they can lay hands on they would not find themselves being literally put out of business by their lesser competition.
I'm shocked we managed to get a Tariff through. It's got nothing to do with bad products. 266% is not enough when they treat their workers as disposable and spew poison into the air. If we go back to doing that we could compete too. I think they call it "Race to the Bottom".
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
.
A headline should be for something new and unexpected?
Wait, did you just say that American government is "main street"? ROFL. Main street is over here. The US government is way the hell over there doing god knows what.
Seven puppies were harmed during the making of this post.
We don't want to spend the resources to properly secure our data and infrastructure, so we're going to whine about it, instead, and hope we can get someone else (like the US taxpayers) to solve the problem we've created for ourselves.
You can sue someone for "misappropriating" your trade secrets under US law, as long as you take reasonable precautions to keep it a secret.
https://en.wikipedia.org/wiki/...
My Other Computer Is A Data General Nova III.
> and uses those trade secrets to produce advanced steel products it could not make on its own
Airbus *cough* Boeing *cough*
Help! help!, the termites are eating my DRAM!!!
So, China is steeling trade secrets. The kinds of secrets Patents were invented to protect. Since the steel companies didn't try to protect their inventions in the ways set up that greatly benefit corporations, they deserve to lose them to the Public Domain (where trade secrets lost end up). The people of the US are better off, now that we can legally use the same tech. It's corporate greed. They didn't want to have it exclusively for only 14+ years, so kept it secret until they lost it. They gambled and lost, and had the intention to keep it hidden forever.
Further proof that IP laws don't work.
Learn to love Alaska
Naw, everyone knows the US is responsible for every single bad thing in the world, and with Slashdot's backend deduplication, we might as well just go with anti-US rants on a number scale, such as rant #44 being the one about prisons, rant #31 being about being shot, and so on.
As for China, they are a is a lily-white entity and would never stoop to such stuff. Especially how they would never stoop to compromising solar companies a few years back, and making panels for cheaper than the costs of the rare earth. Nope... China is perfectly innocent here.
If USS trade secrets are so very valuable, why are they hanging out on the internet?
Whether the Chinese hacked their network - or not - is irrelevant.
This is a simple case of incompetent management by USS.
If I were a USS stockholder, I'd be dancing the Icahn two-step about now.
...that somebody came along and stole all the technology US Stelle looted from Stelco in Canada, and moved down to their US plants.
Now if China found a way to steal pensions, too, it would really be a case of poetic justice.
I've calculated my velocity with such exquisite precision that I have no idea where I am.
US Steel lied to every single person involved with their purchase of Stelco steel company, and has dragged out the case for so long, while people I know, and their families, get shafted. http://www.thespec.com/news-st.... I hate chinese/russian hackers as much as the next guy, but I could care less about US Steel and their scummy tactics.
Defender of Microsoft and Communism!!!
Let me explain.
If you make the government as huge as many politicians want it then there's no room for wallstreet. The government will seize large portions of the economy. You won't need wall street anymore.
It's silly to think small investment firms are less likely to screw you out of your money. I always thought main street being the antithesis of wallstreet was a euphemism politicians use for big government that somehow made their constituents all warm and fuzzy inside because it implies sticking it to the evil wall street, but maybe I made a leap others didn't. Maybe politicians really do support small local investment firms. I doubt it though.
I find it hard to believe a company making steel would have any interest in US Steel's "trade secrets". Their production is hopelessly outdated and they only exist because of decades of Good Ol' American Protectionism.
Yeh, because its not like the US goes around starting wars, sponsors terrorists, interferes with other countries govts is it?
Oh wait, yes they do. Dont whine when you reap what you sew asshole.
These american steel producers do understand china invest heavily in science? As in lets learn how world actually work and make better products.. That means China has increasing technological advancing cycle... Its not anymore just hey lets produce our bad product cheap in China country..
China is not the underdeveloped third world country it used to be 50-years ago. Yes you can still manufacture cheap there, flip side of that coin is actually high tech stuff... half the damn planets uses China manufactured phones, etc...
Besides US does same thing with NSA, steal trade and business secrets and hand them out to american companies for unfair business advantage...
the chinese will investigate the matter , find themselves not guilty and reprimand the staff involved. Oh wait that is just America on war crimes.
from China, where it was invented in the 9th century, and they've been using it for a couple of centuries without paying a single cent in royalties. What about ore refinement and manufacturing of steel, did you invent that too? Oh right, you didn't. Bullshit as usual from the sewer outlets that their media and propaganda machines are.
But american exceptionalism! How dare they to do unto us like we do unto everybody.
Steel is real easy to make - no secrets to be stolen.
USA's problem is that the buyers want cheap cheap and never ask or think about quality.
An electron microscope shows up heat treatments, and you can determine what additives or impurities are in the steel and their percentages
Trouble is steel mill hate paying for additives, or slow, even cooling, or cooking off impurities.
The thought of slowing production down is unthinkable?
A lot of stuff coming into the USA is crap steel often made from scrap steel, and the dregs into re-bar.
... or they hate the American government (aka mainstreet)....
I must have missed the part where the American government is mainstreet. I don't think that many positions that the government takes including its stances on NSA, civil forfeiture, H1B and immigration in general, free trade, foreign aid, and a great many other topics represent main street. Indeed the US has been shown to be an oligarchy where what government does bears little resemblance to what the people want. Citations:
http://www.washingtontimes.com...
Small firms are vulnerable to competition. Huge companies with a billion dollars of capital are to create in a year.
People defend China because China haven't done shit to anyone, which is something you haven't been able to say about the U.S. for close to a century. People understand that accusations like these, and the others made, are just BS coming from U.S businesses and a pressured U.S. which is desperately trying to keep the Dollar from imploding.
The ultimate in irony: an American company complaining about industrial espionage by other countries.
It's "sow", you shit-guzzling fucktard.
And you'd be reaping right now if the US didn't do stuff. Like, literally out in a field with some foreigner pointing his gun at you while you reap food by hand to feed someone else while your family starves. You can't be good in this world.
No, we just recognize the hypocrisy. Because China sells steel less than the US Steel people can sell it for and make a 50% profit on it, it must be illegally dumped. If the quality is almost as good as US Steel, then the quality must have been stolen. No proof of either accusation is presented. Just an undesirable business outcome that US Steel wants to turn into an international incident, because that's easier than making good steel.
Learn to love Alaska
And Slashdot will defend China because most of the users here inexplicably hate the US.
That's bullshit. American /.ers hate either American big business (aka wallstreet) or they hate the American government (aka mainstreet). Some /.ers hate both. This is no different than the rest of America. In China they are basically the same thing, so you're just wrong.
Canadians do not dislike or hate Americans!!! We have a Bernie Sanders mindset, and want to see a more equitable society. And we enjoy watching Trump, Hillary, Bernie, and the others who we find clueless.
Anyone running for president should have been a tourist in the various countries in Europe and Latin America. They will discover how well the poor in those countries live, versus the poor in America.
Leslie Satenstein Montreal Quebec Canada
To US Steal, the defense industry, US BIG BUSINESS, and DOD that don't want your secrets stolen, IT is a niece thing but not necessary thing to do your business.
If you don.'t want it stolen then don't do computers.
I hate neither big business nor wall street. I just think they operate in a morally and ethically shitty fashion. They manipulate the government and the laws in a manner that is designed to do the maximum damage to the general public and enrich the few that are owners/ controllers of corporations. IE, moving the control and wealth from the middle class and the poor to themselves. I am also realistic enough to know that there is nothing that we can do about it at this point other than surrender our morals and ethics to become one of them. Dennis Leary put it best "Life sucks, get a fucking helmet!"
The poor in America have a roof over their head, food on their table, a phone in their pocket, and money to spend. How exactly are Canadian or European poor significantly different?
America has a homeless problem, but this is generally not caused by being poor but by some kind of mental illness (such as addiction). There are many programs for these people, but for various reasons, they prefer to live the homeless lifestyle. This is a totally different issue.
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
Why'd you bring Canada into this?
Also, the poor in most of Latin America are significantly worse off than those in America. The poor in Europe are sometimes better off, although it really depends on the country, and on what you consider "poor".
Examine even your most deeply held beliefs. Nobody is always right.