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    Government/Policy

    August 23, 2024

    AISI Op-Ed: Trade remedy legislation is long overdue

    Written by Kevin Dempsey

    Driven by government subsidies and other trade-distorting policies, crude steel production in China last year exceeded 1 billion metric tons for the fourth year in a row despite slowing domestic demand for steel in that country. As a result, Chinese steel exports grew by 38% in 2023 and by an additional 24% in the first half of 2024.

    While most of those exports do not come directly to the US, widespread transshipment of steel through third countries creates opportunities for traders to pursue schemes to circumvent and evade US tariffs and trade remedy orders.

    Kevin Dempsey

    Kevin Dempsey is the president and CEO of the American Iron and Steel Institute (AISI), a leading advocacy group representing electric arc furnace and integrated American steel producers. He previously served as senior vice president of public policy and general counsel to the Institute. Before joining AISI, Dempsey was a partner at Dewey & LeBoeuf where he led numerous international trade cases on behalf of American steel producers and other US industries. He also served as counsel to former US Senator John C. Danforth (R-Mo.) and the US Senate Committee on Commerce, Science and Transportation.

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