AISI Commends the House and Senate's Bipartisan Votes to Pass Legislation Ensuring the U.S. Anti-Subsidy Law Applies to China and Other Non-Market Economies

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For Immediate Release:
March 6, 2012

Washington, D.C. –  American Iron and Steel Institute (AISI) President and CEO Thomas J. Gibson issued the following statement regarding today’s  370 - 39 vote in the U.S. House of Representatives and yesterday’s unanimous Senate vote in favor of legislation overturning a December 2011 ruling of the U.S. Court of Appeals for the Federal Circuit that the U.S. Commerce Department could not apply countervailing duties against subsidized products, including steel, from China and other non-market economies:  

“AISI celebrates the overwhelming bipartisan votes in the House and Senate in favor of legislation to overturn an erroneous federal appeals court decision denying U.S. industry the ability to seek relief from subsidized imports from non-market economies like China.  That ruling, if it had gone forward, would have put millions of valuable American jobs across many industries at risk.  Passage of this legislation is a tremendous victory for American manufacturers and American jobs, as it is critical to ensure a level playing field for U.S. manufacturers and their workers.  America’s steel industry is a backbone industry to all U.S. manufacturers, and as such we are extremely grateful to Congress for this significant action.”

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice.  AISI also plays a lead role in the development and application of new steels and steelmaking technology.  AISI is comprised of 25 member companies, including integrated and electric furnace steelmakers, and 120 associate and affiliate members who are suppliers to or customers of the steel industry.  AISI's member companies represent approximately 80 percent of both U.S. and North American steel capacity.  For more news about steel and its applications, view AISI’s Web site at www.steel.org.
                                                                                   
Contant Nancy Gravatt
202.452.7115 / ngravatt@steel.org

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