AISI Committed to Working With USTR to Correct Errant Decisions on Zeroing

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For Immediate Release
February 06, 2012

Washington, D.C. –   American Iron and Steel Institute (AISI) President and CEO Thomas J. Gibson issued the following statement on recent developments regarding longstanding zeroing disputes:

“The American Iron and Steel Institute (AISI) condemns the several rulings by the World Trade Organization (WTO) against zeroing, a method of calculating antidumping duties that has long been applied in the United States and other countries.   The practice of zeroing is nowhere prohibited in the WTO agreements, and the WTO rulings on this subject are a classic example of overreach by the WTO Appellate Body.  Elimination of zeroing will make it easier for foreign producers to dump their products in the U.S. market and injure U.S. workers and businesses.


This is a case where the WTO Appellate Body got it wrong.  United States Trade Representative Ron Kirk has emphasized that the Administration will continue to work to obtain a clarification that the WTO rules permit zeroing, which is critical to making our trade laws work.  We strongly support this position by the Administration, and will continue to work with USTR and the Commerce Department to correct these errant decisions by the WTO.”


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 124 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.

Contact: Nancy Gravatt
202.452.7115 / ngravatt@steel.org