Four domestic steel industry associations and the United Steelworkers union have urged President-elect Joe Biden to ensure steel tariffs and quotas are kept in place.
The tariffs and quotas were enacted in 2018 by the Trump Administration. A letter to Biden from the American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), the United Steelworkers union (USW), The Committee on Pipe and Tube Imports (CPTI), and American Institute of Steel Construction (AISC) says: “Continuation of the [steel] tariffs and quotas is essential to ensuring the viability of the domestic steel industry in the face of massive and growing excess steel capacity.
“Removing or weakening of these measures before major steel producing countries eliminate their overcapacity—and the subsidies and other trade-distorting policies that have fueled the steel crisis—will only invite a new surge in imports with devastating effects to domestic steel producers and their workers.”
China, Vietnam, and Turkey, among others, continue to increase their steel production even as the pandemic has caused demand for steel to drop around the world, according to a news release from the steel coalition. Korea, Russia, Ukraine, Indonesia and others continue to export large shares of their steel production to other markets, the release says.
Related Stories
Codes and Standards | Jan 25, 2019
AEC professionals should push for net zero projects
Educate and lead clients to more sustainable choices, says LEED fellow.
Codes and Standards | Jan 24, 2019
OSHA unaffected by federal government shutdown
Agency fully funded for first nine months of 2019.
Codes and Standards | Jan 23, 2019
Hackers can easily take control of construction cranes
Potential for serious harm is real, say researchers.
Codes and Standards | Jan 22, 2019
Initiative will introduce open-source software for commercial and public building retrofits
Energy analysis tool will identify energy efficiency opportunities.
Codes and Standards | Jan 18, 2019
Texas city sues developer over changes in $1 billion mixed-use project
Revised plan eliminated 8-acre lagoon, trolley, show fountain, and reduced retail space.
Codes and Standards | Jan 17, 2019
First resilience benchmarks for U.S. communities released
Provides way to evaluate current state of resilience and guidance for areas of improvement.
Codes and Standards | Jan 16, 2019
California mass timber building competition kicks off January 15
Competition will award $500,000 in grants to teams who design innovative buildings.
Codes and Standards | Jan 15, 2019
Hazard mitigation provisions in codes save lives and protect property
New NIBS study finds that adopting 2018 Intl. Codes generate $11 benefit for every $1 invested.
Codes and Standards | Jan 10, 2019
Ontario building first to achieve zero-carbon designation by Canada GBC
Geothermal heating, living wall among notable features.
Codes and Standards | Jan 9, 2019
Policymakers need to act to alleviate affordable housing crunch
Moody’s economist says costs including mortgage rates worsening situation.