The American Iron and Steel Institute (AISI) issued a statement this week lauding members of the Congressional Steel Caucus who sent a letter to President Joe Biden in support of preserving tariffs on imports of foreign steel.
Kevin Dempsey, president and CEO of the AISI, said the association is “pleased” that many members of Congress have championed the US steel industry and workers by supporting the preservation of Section 232 steel tariffs.
“We appreciate that a bipartisan group of 37 members of Congress, led by Steel Caucus Chairman and Vice-Chairman, Reps. Rick Crawford (R-AR) and Frank J. Mrvan (D-IN), respectively, have sent a compelling letter to President Biden emphasizing the national security implications of unfairly traded imports and global steel overcapacity have had on our industry, and that the steel tariffs have significantly reduced foreign steel imports,” Dempsey said.
Dempsey added that members of the Steel Caucus “continue to recognize that the new investments American steelmakers are making, and our global leadership in clean steel production, would be at risk if the existing Section 232 program does not remain in place.”
He concluded by saying the AISI looks forward to continuing its work with Congressional Steel Caucus members to “combat unfair trade and the global trade distortions in steel that continue to threaten the steel industry and our workers.”