• Skip to main content

    Government/Policy

    Foreign Testimony at Section 232 Hearing

    Written by Sandy Williams


    The Section 232 Investigation of steel imports on national security hearing was held on Tuesday. The testimonies included four representatives of foreign governments: China, Russia, the European Union, and Ukraine. Not surprising, none were in support of new import restrictions by a Section 232 action.

    China was represented by Yu Gu, First Secretary of the Ministry of Commerce. Yu said, “The Ministry of Commerce believes there is no evidence that steel imports threaten to impair US national security.” He went on to add that the U.S. defense and national security is plainly not dependent on imports of foreign steel and that enough steel can be produced in the U.S. to satisfy domestic security requirements.

    Latest in Government/Policy

    Steel groups address Democrat gains in midterms

    The Steel Manufacturers Association (SMA) and the American Iron and Steel Institute (AISI) have weighed in on yesterday’s midterm elections that saw Democrats gain control of both the Senate and the House of Representatives. “Last night's elections delivered historic gains for Democrats in Congress,” SMA EVP Brandon Farris said in a statement to SMU on Wednesday. “Thankfully, a strong American steel industry transcends party lines." He said SMA's mission remains clear. It includes defending “the policies that have helped drive historic investment, strengthen American manufacturing, secure reliable and affordable energy, and ensure domestic steelmakers can compete on a level playing field.”

    Price on trade: Steel industry trick-or-treat

    It’s the scariest time of year in Washington, D.C. … election season. The city is a veritable haunted house of prognostication and speculation as everyone tries to discern which way the howling wind will blow. We’ll let the fortune tellers and prediction markets guess the outcomes of the midterms. What we do know is this: the steel industry has experienced its share of tricks and treats over the past few months. Below are a few notable steel tricks and treats this Halloween season.