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    SMA's Bell on S232, new Iowa mill, and CFO prominence

    Written by Stephen Miller


    Philip K. Bell, head of the Steel Manufacturers Association (SMA), delivered the opening presentation at the fall meeting of the International Iron Metallics Association (IIMA) in Chicago this week. He touched on three key themes: Section 232, the Mesabi Metallics mill in Iowa, and the increasing importance of financial experience for leadership positions in steel.

    Section 232—here to stay (as long as Trump)

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    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.