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 | May 20, 2019
Property lenders shouldn’t invest for 30 years in most of Florida, expert warns
Climate ignorance driving some ‘insane’ deals.
Codes and Standards | May 17, 2019
NIMBYism is the biggest multifamily construction barrier
National Apartment Assn. report assesses reasons for difficulty in creating more apartments.
Codes and Standards | May 17, 2019
Dept. of Energy to award up to $33.5 million for advanced construction R&D
Focus is on techniques to reduce energy bills.
Codes and Standards | May 16, 2019
Mixed reviews on targeted tax break for San Francisco neighborhood
“Twitter tax break” may have worsened some of the area’s problems.
Codes and Standards | May 15, 2019
OSHA inspections to increase, says Secretary of Labor
Newly hired inspectors getting up to speed.
Codes and Standards | May 14, 2019
Database records more than 1,360 K-12 school shooting incidents since 1970
Naval Postgraduate School program maps locations nationwide.
Codes and Standards | May 13, 2019
In many cities, downtown housing comes with a hefty premium
Urban core living costs hundreds of thousands more in largest U.S. cities.
Codes and Standards | May 7, 2019
San Francisco plan would require largest commercial buildings to use 100% renewable electricity
First in the U.S. mandate would be phased in from 2022 to 2030.
Codes and Standards | May 7, 2019
ABC says best practices can improve construction companies’ safety by 680%
Daily ‘toolbox safety talks’ were most effective safety measures.
Codes and Standards | May 7, 2019
Office noise significantly reducing employee concentration, productivity, and creativity
Workplace distractions cause some to choose to work remotely.