AISI Applauds Congressional Push to Preserve Steel Tariffs

February 5, 2021

WASHINGTON, D.C. – Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), today issued the following statement lauding members of the Congressional Steel Caucus who sent a letter to President Joe Biden in support of preserving tariffs and quotas on imports of foreign steel:

“We are pleased and grateful that so many members of Congress have championed the American steel industry and our workers by supporting the preservation of the existing steel tariffs.  We appreciate that a bipartisan group of 51 members of Congress, led by Steel Caucus Co-Chairmen Reps. Conor Lamb (D-PA) and Frank J. Mrvan (D-IN), and Co-Vice-Chairmen Reps. Mike Bost (R-IL) and Rick Crawford (R-AR), have sent a compelling letter to President Biden emphasizing the impact that unfairly traded imports and global steel overcapacity have had on our industry — and that the steel tariffs and quotas have significantly reduced foreign steel imports.

“We appreciate the members of the Steel Caucus recognized that the new investments the steel industry is making, and our global leadership in the production of sustainable steel products, will be at risk if the existing tariffs and quotas do not remain in place. Steel is key to helping America build back better our economy by promoting American manufacturing and the jobs it supports.  We stand ready to work with these members of Congress and others to address the global trade distortions in steel that continue to threaten the steel industry and its workers.”

Dempsey noted that a coalition of steel industry and related associations last month also urged President Biden to maintain the existing tariffs and quotas on foreign steel imports.

 

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Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

AISI serves as the voice of the 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’s membership is comprised of integrated and electric arc furnace steelmakers, and 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).