AISI Hails House Passage of Trade Legislation

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For Immediate Release
June 25, 2015

Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) hailed the passage of legislation today in the House of Representatives that makes important improvements to the antidumping and countervailing duty laws. The legislation, H.R. 1295, which passed 286-138, also provides for the extension of the African Growth and Opportunity Act and other trade preference programs, as well as the renewal of Trade Adjustment Assistance (TAA).

Thomas J. Gibson, president and CEO of AISI, said, “We commend the House for passing legislation today that will improve the effectiveness of our antidumping and countervailing duty laws to combat unfairly traded imports. These modifications to the trade laws come at a critical time for the steel industry, as we are currently faced with a surge in steel imports that are causing injury to the domestic industry, including significant reductions in domestic steel production and job losses. We look forward to President Obama quickly signing this bill into law.

“We greatly appreciate the efforts of the many Members of Congress who have championed these trade law improvements in the House, in particular the leaders of the Congressional Steel Caucus, Representatives Tim Murphy and Pete Visclosky, as well as Congressmen Mike Bost and Rodney Davis of Illinois, all of whom who led the charge for this legislation in the House,” Gibson concluded.

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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 19 member companies, including integrated and electric furnace steelmakers, and approximately 125 associate members who are suppliers to or customers of the steel industry. For more news about steel and its applications, view AISI's website at www.steel.org. Follow AISI on Facebook or Twitter (@AISISteel).