Trade Cases
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/10508772717b37de8cc303a26545a0fb.jpg)
Manufacturer Coalition Opposes China Market Economy Status
Written by Sandy Williams
March 16, 2016
U.S. manufacturers are taking a firm stance against market economy status for China. AISI announced formation of a coalition, Manufacturers for Trade Enforcement, to oppose China’s request for market economy designation at the end of 2016.
The coalition says China does not meet the established criteria for a market economy.
“Our industries can compete against any other market-oriented competitors, but we cannot compete against the Chinese government,” said Heidi Brock, President & CEO of the Aluminum Association. “The Chinese economy does not meet the basic requirements set forth by U.S. statutes and the Department of Commerce for a functioning market economy, and we will work together in this coalition to speak loudly, and with one strong voice, to prevent China from gaining a status that it does not yet deserve.”
Granting market economy status would put U.S. jobs at risk, said the coalition, by limiting the ability for U.S. manufacturers to seek remedies for unfair trade practices by Chinese firms.
“The unfortunate reality is China continues to be a state-run economy in many respects, creating an unlevel playing field for manufacturers here at home,” said Thomas J. Gibson, President and CEO of the American Iron and Steel Institute. “What we are calling for is a fair and accurate assessment of the Chinese economy – and we believe that will show that market economy status for China is not warranted at this time.”
The following groups, representing 800,000 direct manufacturing jobs in the U.S., have united to oppose market status for China:
• Alliance for American Manufacturing
• Aluminum Association
• American Fiber Manufacturers Association
• American Iron and Steel Institute
• Narrow Fabrics Institute
• National Council of Textile Organizations
• PET Resin Association
• U.S. Industrial Fabrics Institute
You may read the entire press release from AISI here.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/sandy-williams.jpeg)
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/fist.png)
Steel industry groups urge House action on LTPF 2.0
Six steel industry organizations have urged House Speaker Mike Johnson to include the Leveling the Playing Field 2.0 Act in any proposed package of legislation against China’s "unfair" trade practices.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Poor steel margins continue to push down raw material prices
Both iron ore and coking coal prices fell this week because of resistance from buyers. Iron ore prices have continued to fall throughout the past week, following sharp declines in steel prices in China, given no new policy announcement from the ‘Third Plenum’ meeting.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Imports cause concern in India and Vietnam
High levels of steel imports, especially from China, in recent months are worrying steel makers in India and Vietnam.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/04/Price-Alan-FullRes-3000px-scaled.jpg)
Price: The new greenwashing – subsidies to bail out obsolete, excess capacity
The United Kingdom and other countries are using the “green” label to subsidize bailouts of obsolete, inefficient, and excess capacity that should exit the market. US steelmakers have invested billions of dollars in technologies that curb greenhouse gas output. These investments have been market-based and led by EAF producers such as Nucor, Steel Dynamics, and CMC.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI, AISC, University of Massachusetts get ~$6.4M EPA grant
The American Iron and Steel Institute (AISI), American Institute of Steel Construction (AISC), and the University of Massachusetts at Amherst have received a grant to enhance emissions reporting for steel construction projects.