Washington, D.C. – Thomas J. Gibson, president and CEO of the American Iron and Steel Institute, reacted to the U.S. Senate’s confirmation of Wilbur Ross as Secretary of Commerce this evening:
“Wilbur Ross’ clear focus on the challenges that the steel industry is facing, and his intent to use all of the tools at his disposal to ensure a level playing field, is great news for the domestic steel industry. He has keen knowledge about the global overcapacity in steel -- fueled by foreign government subsidies and other trade-distorting policies and repeated surges in unfairly traded imports. His experience as a businessman involved with a number of manufacturing industries facing similar unfair import competition gives him the first-hand knowledge of the critical issues impacting steel and other industries. He will be an exceptional Secretary of Commerce and we look forward to working with him.”
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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 18 member companies, including integrated and electric furnace steelmakers, and approximately 120 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).