WASHINGTON, D.C. – Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), today attended the signing of legislation implementing the United States-Mexico-Canada Agreement (USMCA) at the White House, and issued the following statement:
“USMCA will help create jobs and foster investment in manufacturing, including strengthening our steel industry supply chains with key customers by incentivizing the use of North American steel in manufactured goods. In addition, USMCA promotes increased cooperation and information sharing among the North American government to address circumvention and evasion of trade remedy orders. This will enhance the ability of our three countries to continue to work together to address the surges of dumped and subsidized steel imports that have plagued the North American steel market. These are all tremendous positive developments for the steel industry, and I am honored to be part of this historic signing today.”
Gibson noted that nearly 90 percent of U.S. steel mill product exports go to Canada and Mexico.
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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’s membership is comprised of integrated and electric 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).