Washington, D.C. – Thomas J. Gibson, president and CEO, American Iron and Steel Institute (AISI), issued the following statement in response to a hearing today in the Court of International Trade in New York regarding the legal challenge to the Section 232 trade remedy brought by foreign steel importers:
“We continue to strongly believe this case is without merit and the effort by importers of foreign steel to undermine the Section 232 relief through this case is bound to fail. Congress acted within its constitutional authority when it authorized the president to take action to adjust imports, when the Secretary of Commerce has determined that such imports threaten to impair the national security,” Gibson said.
AISI, in conjunction with the Steel Manufacturers Association (SMA), in September submitted an amicus brief in the lawsuit. Gibson noted that the AISI-SMA submission points out that “there is binding Supreme Court precedent (Federal Energy Administration v. Algonquin SNG) which establishes that Congress acted within its constitutional authority when it authorized the president to take action to adjust imports, based on the Secretary of Commerce’s determination. The statute sets forth an intelligible principle for the president to follow in carrying out the policy set by Congress.”
Contact: Lisa Harrison
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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 21 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).