Washington, D.C. – Thomas J. Gibson, president and CEO, American Iron and Steel Institute (AISI), issued the following statement in response to the ruling by the Court of Appeals for the Federal Circuit today upholding the constitutionality of the Section 232 statute in response to a lawsuit brought by foreign steel importers:
“Today the Court of Appeals rightly affirmed our strong belief, and the previous decision of the Court of International Trade, that the constitutional challenge to the Section 232 statute is without merit. This lawsuit by steel importers is a weak attempt to mask the fact that surging foreign imports have severely impacted the domestic steel industry and threaten our national and economic security. The Court today affirmed that Congress acted within its constitutional authority when it authorized the president to take action to adjust imports that threaten to impair our national security. We have consistently maintained this fact and are pleased that the Court of Appeals agreed,” Gibson said.
AISI, in conjunction with the Steel Manufacturers Association (SMA), submitted an amicus curiae brief in the case in support of the constitutionality of the Section 232 statute.
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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).