AISI Comments on CRU Steel Industry Study

Study Cites American Steel as Having Lowest Carbon Emissions in World

WASHINGTON, DC-   Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), today issued the following statement in response to the release of a study by CRU International that was commissioned by the Climate Leadership Council (CLC), entitled “Leveraging a Carbon Advantage: Impact of a Border Carbon Adjustment and a Carbon Fee on the US Steel Industry”:

“We are pleased that the CRU case study released today by the CLC documents that the American steel industry has a major carbon advantage as the cleanest steel industry in the world. It finds that the American steel industry is 75-320 percent more carbon efficient than global producers and that ‘America produces steel while emitting less carbon dioxide than all of our major competitors.’ We are also pleased that the study makes the case that a strong and effective border carbon adjustment must be part of any effective U.S. climate policy. The U.S. government should be promoting the increased use of cleaner American steel and taking steps to ensure that U.S. climate policies don’t result in an increase in foreign steel imports that have much higher carbon intensities.”

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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).