AISI applauds passage of new US trade enforcement measures

Monday, 14 December 2015 00:13:04 (GMT+3)   |   San Diego
       

The American Iron and Steel Institute (AISI) said the House passage Friday of a compromise agreement on a trade enforcement measure is a “positive step for the steel industry to address the evasion of trade remedy orders that has severely impacted our companies and our workers.”

By a vote of 256-158, the House passed the conference report of the Trade Facilitation and Trade Enforcement Act (H.R.644) which includes the ENFORCE Act, a long-standing priority focus for steel as it provides the domestic industry with new tools to address the evasion of antidumping (AD) and countervailing duty (CVD) orders. The measure would ensure that Customs and Border Protection (CBP) officials investigate industry claims of AD/CVD evasion by set statutory deadlines.

Thomas J. Gibson, president and CEO of AISI, said, “We commend the leadership of the Congressional Steel Caucus, and many of our steel champions in Congress, who worked with us and our member companies to make sure the steel industry’s dire situation was front and center in trade debates. While we may have won some battles, we are still fighting the war—to combat trade distorting practices of foreign producers and governments. Today’s victory is a positive step, however, and we urge the Senate to pass this bill quickly and the President to sign it into law next week,” Gibson concluded.

Similar articles

US flat market steady as buyers are sidelined on weak economic data

26 Apr | Flats and Slab

US cut-length plate imports down 3.7 percent in March

26 Apr | Steel News

US import rebar prices become softer

24 Apr | Longs and Billet

US cold finished bar exports down 22.0 percent in February

24 Apr | Steel News

US steel imports up 1.5 percent in March

24 Apr | Steel News

US tin plate exports down 42.6 percent in February

23 Apr | Steel News

US cut-length plate imports down 6.2 percent in February

23 Apr | Steel News

US structural pipe and tube exports up 9.9 percent in February

22 Apr | Steel News

US hot rolled bar exports up 36.7 percent in February

19 Apr | Steel News

US structural pipe and tube imports down 6.5 percent in February

19 Apr | Steel News