Steel and other manufacturing industries are the backbone of
our economy. A strong manufacturing sector creates significant
benefits for society, including good-paying jobs, investment in
research and development, critical materials for our national
defense, and high-value exports. Yet manufacturing in the
United States faces significant challenges due to a number of
factors, including, for example, foreign unfair trade practices
that have caused repeated surges of dumped and subsidized
imports into the U.S. market and cascading job losses affecting
many local communities.
In addition, the COVID-19 pandemic has caused a sharp
drop in economic activity in general and in steel demand in
particular, further threatening many jobs in steel and throughout
the economy. To respond to this crisis, significant new public
investment is needed in our nation’s infrastructure as part of a
broader pro-manufacturing policy agenda to promote economic
growth and job creation.
To meet these critical goals, the steel industry in the United
States strongly supports the implementation of the following
public policy priorities to allow U.S. manufacturers to recover
and thrive, while also safely getting Americans back to work.