Metals
Kevin Dempsey, president and chief executive officer of the American Iron and Steel Institute (AISI), issued the following statement.
It lauding members of the Congressional Steel Caucus who sent a letter to President Joe Biden in support of preserving tariffs on imports of foreign steel:
“We are pleased and grateful that so many members of Congress have championed the American steel industry and our workers by supporting the preservation of the existing steel tariffs. We appreciate that a bipartisan group of 37 members of Congress, led by Steel Caucus chairman and vice-chairman, Reps. Rick Crawford (R-AR) and Frank J. Mrvan (D-IN), respectively, have sent a compelling letter to president Biden emphasizing the national security implications of unfairly traded imports and global steel overcapacity have had on our industry – and that the steel tariffs have significantly reduced foreign steel imports. We appreciate that the members of the Steel Caucus continue to recognize that the new investments American steelmakers are making, and our global leadership in clean steel production, would be at risk if the existing Section 232 program does not remain in place. We look forward to continuing our work with the Congressional Steel Caucus members.”
Published in the April 2023 Edition