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
Legislation | Aug 10, 2016
Calif. bill would speed up environmental lawsuits on certain projects
A nine-month limit has been proposed for some $100 million-plus projects.
Resiliency | Aug 10, 2016
White House pushes for better finance strategies for disaster mitigation and resilience
The move highlights innovative insurance, mortgage, tax, and finance-based strategies.
Regulations | Aug 9, 2016
New trend eases parking requirements for U.S. cities
Transit-oriented development and affordable housing are spurring the movement.
Regulations | Aug 8, 2016
EPA toughens rules to reduce formaldehyde exposure from composite wood products
Products will now have to be labeled as compliant to the new rules.
Regulations | Aug 5, 2016
Stop-work orders in New York City up sharply this year
The orders come after a rise in the number of deadly accidents that have occurred in the past few years.
Sustainability | Aug 4, 2016
S.F. Bay Area voters approve first-of-its-kind tax to fight impact of climate change
The funds from the tax will be used to restore wetlands
Concrete | Aug 2, 2016
Concrete Association builds case against cross-laminated timber
The campaign asserts that not enough is known about CLT in construction
Seismic Design | Jul 28, 2016
Risk of man-made earthquakes now factor in seismic hazard analysis
Significant risk increases seen in some areas of the U.S.
Resiliency | Jul 27, 2016
New York’s resilience plans not taking long-term view, critics charge
Continued waterfront development may be regretted later this century.
Green Specifications | Jul 26, 2016
New Miami Beach law requires LEED certification on projects larger than 7,000 sf
LEED Silver the prescribed standard on buildings larger than 50,000 sf.