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When Suzanne Folsom came in as general counsel of U.S. Steel in 2014, she joined an industry that, she says, “has been managing its decline for a long time.” From there she started a campaign to educate government officials and the public of the national security concerns presented by a country without domestic steel manufacturing. And she spent millions of dollars and countless hours of strategy work developing a litigation approach to combat hacking of trade secrets and alleged illegal dumping—that is, foreign steelmakers selling steel for prices that Folsom and others argue undercut U.S. manufacturers and violate international trade laws.
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