Steel Industry Applauds USTR Confirmation

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For Immediate Release
June 20, 2013

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) today applauded the Senate’s confirmation of Michael Froman, one of President Obama’s key trade advisors, as the U.S. Trade Representative (USTR).  Thomas J. Gibson, president and CEO of AISI, said he hopes Froman’s confirmation will help get the Administration more focused on the major trade issues facing America.  

“AISI works closely with the Office of the USTR and looks forward to continuing our open and frank dialogue to address the critical trade issues facing the steel industry.  Michael Froman has been a responsive partner in ensuring the interests of the manufacturing sector are brought to the table and will make an excellent ambassador for the United States.  We are encouraged, and hopeful, that he will continue to recognize the adverse impact that foreign trade-distorting practices are having on the steel industry.  We have urged USTR to address currency manipulation by a number of foreign countries in the Trans-Pacific Partnership (TPP) negotiations, as well as the role of state-owned enterprises, foreign government subsidies for manufacturing, and other unfair trade practices.  We will continue to press the case for the steel industry in our ongoing relationship with the USTR,” Gibson said.

Froman, who currently serves as Deputy National Security Advisor for International Economic Affairs, addressed the AISI Board of Directors at its November Board Meeting in Washington, D.C.

Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org   


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 24 member companies, including integrated and electric furnace steelmakers, and 125 associate members who are suppliers to or customers of the steel industry.  AISI’s member companies represent over three quarters of both U.S. and North American steel capacity.  For more news about steel and its applications, view AISI’s website at www.steel.org