Steel Blog

AIIS: Terminate Section 232

Wednesday, 04 October 2017 11:02

The American Institute for International Steel, representing 120 companies supporting 1.2 million jobs in the steel-using sectors and 84,000 direct and indirect jobs in the marine transportation system, wrote to the president this week requesting termination of the Section 232 investigation on steel imports.

AIIS said they appreciate that a significant part of the rationale for the investigation is to address steel market distortions caused by global overcapacity. However, trade restrictions imposed by Section 232 will do nothing to counter the use of state subsidies by countries, such as China, which encourage overcapacity.



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AIIS Panel Warns Against Section 232

Saturday, 16 September 2017 17:46

"Dangerous, unintended consequences" could result from the Section 232 national security investigation of steel imports, said members of a panel hosted by the American Institute for International Steel, which represents foreign steel producers.

"Our objective today is twofold," said John Foster, AIIS chairman and president of Kurt Orban Partners, in his opening remarks, "First, to highlight the critical importance of the steel supply chain to our ports, the U.S. marine transportation system, and to the entire American economy; and second, to present compelling new evidence pointing to the potential economic disaster that may befall the steel supply chain, and other sectors of the American economy, like agriculture, if the administration imposes Section 232 trade restrictions on imported iron and steel products.



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Driven by a steep drop-off in shipments from Brazil, U.S. steel imports fell 11.5 percent from June to July. Despite the monthly decline, the 3.47 million net tons of imports were still up 6.3 percent compared to July of last year, reports the American Institute for International Steel, Alexandria, Va.

Driven by a steep drop-off in shipments from Brazil, U.S. steel imports fell 11.5 percent from June to July. Despite the monthly decline, the 3.47 million net tons of imports were still up 6.3 percent compared to July of last year, reports the American Institute for International Steel, Alexandria, Va.



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The following is a press release on steel exports from the American Institute for International Steel (AIIS) on July 27 2017:



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The agriculture industry challenged the use of national security as a reason to limit steel and aluminum imports, in a missive to Secretary of Commerce Wilbur Ross on Monday. A letter from 18 agricultural associations urged the administration to consider the consequences trade barriers may have on the food industry.

“Many countries that export steel to the United States are also large importers of U.S. agriculture products. The potential for retaliation from these trading partners is very real,” said the associations.



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AIIS Reports May 2017 Steel Imports

Wednesday, 05 July 2017 13:41

The American Institute for International Steel reported a 2.4 percent climb in steel imports from April to May, about one-fifth higher than the same period a year ago.  The press release from AIIS follows:

AIIS Reports April 2017 Steel Exports

Friday, 16 June 2017 10:08

The American Institute for International Steel reports that U.S. steel exports fell by almost 10 percent from March to April. The press release from AIIS follows:

Falls Church, VA. June 16, 2017. Steel exports fell by nearly one-tenth from March to April, though they remained above the April 2016 level.

The 9.6 percent monthly decline left exports at 857,582 net tons, 7.9 percent more than a year earlier.

AIIS, Falls Church, VA. June 6, 2017. The Commerce Department’s Bureau of Industry and Security has posted the public comments it has received from interested parties on its Section 232 investigation into the national security implications of steel imports.

All public comments were due last Wednesday after a public hearing was held on May 24. A BIS spokesman told Inside U.S. Trade that comments likely would be posted by June 2, but they were not made available until June 5.

Peter Brebach: In Remembrance

Thursday, 01 June 2017 12:23

Peter Brebach, CEO of Iron Angels of Colorado, one of the founding members of the American Institute for International Steel (AIIS) and a friend of Steel Market Update where he was a contributing writer and co-founder of SMU Steel 101 workshop has passed away.

The American Institute for International Steel sent out the following press release this morning:

AIIS, Falls Church, VA. June 1, 2017 It is with a heavy heart that we advise the passing of one of The Institute's founding members, Mr. Peter Brebach. Peter was a consummate man of steel and passionate in his dedication to our business. His energy and well informed perspectives will be missed.

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