AISI Comments on U.S and EU Joint Statement Today

June 15, 2021

WASHINGTON, DC-   Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), issued the following statement in response to the joint statement today by the U.S. and European Union (EU) on trade:

“We welcome the Biden administration’s renewed commitment to ensure the long-term viability of the American steel industry and address the problem of global excess steel capacity.

“Addressing these challenges will require the implementation of new and effective measures to eliminate government subsidies and other market distorting policies in many countries that have contributed to the ongoing global steel overcapacity crisis.

“Recognizing that these changes in government policies around the world – including in the EU – will take time and will not be easy to achieve, it is essential that the United States maintain strong and effective trade measures to prevent surges in steel imports from around the world that could quickly undermine the U.S. industry and our national security.”

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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).