Three-fourths of
all American steel
is recycled, part
of the industry’s
clear environmental commitment.
The Capitol Line
May 2009
AISI Issues Legislative Action Alert for Currency Reform and Fair Trade Act of 2009In conjunction with the May 14 SteelGram regarding the Currency Reform and Fair Trade Act (CRFTA) of 2009, AISI issued a Legislative Action Alert to allow others to voice their support for the bill and encourage their representatives in Washington to help American manufacturers and their workers fight back against those nations who misalign their currency. Domestic manufacturing and their workers can compete with anyone in the world on a level playing field, but cannot compete against governments that engage in fundamental currency misalignment. The bill, if enacted, would establish an effective trade remedy provision to neutralize prolonged currency undervaluation. To encourage your representatives in Washington to support the CRFTA, click here. To view the SteelGram, click here. To read the full story on AISI’s support for CRFTA click here. AISI President Thomas J. Gibson Submits Testimony to House Committee on Energy and CommercePrior to passing the bill out of committee on May 22, the House Committee on Energy and Commerce received testimony from AISI President Thomas J. Gibson regarding the American Clean Energy and Security Act. The testimony detailed the domestic industry’s voluntary reductions and unique situation as both an energy-intensive and trade-exposed industry, Gibson advocated for “fair climate laws with global reach that can be enforced.” Gibson also warned that “any legislation that undermines the competitiveness of U.S. mills will encourage steel production to leave this market in favor of markets with lower environmental standards” which “will result in higher volumes of greenhouse gas emissions worldwide.” To read the full story on the Act’s passage in the Committee, click here. To read the full testimony, click here. To learn more about the Global Steel Sectoral Approach click here. Check Out AISI's Public Policy Efforts on the WebAISI's
Legislative Action Center For more information on these Web sites, contact David Ziemba. If you have any questions regarding AISI public policy issues, please feel free to contact any member of the Public Policy Team:
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