Dec. 23, 2015
 
Steel Industry Wants Law ENFORCEd

The U.S. House approved a compromise agreement on a trade enforcement measure designed to ensure that Custom and Border Protection officials investigate industry claims of antidumping and countervailing duty evasion by statutory deadlines. The ENFORCE Act has long been a priority of U.S. steelmakers as a mechanism to protect the domestic industry.

“Dumped and subsidized steel imports are taking a record share of the U.S. market and are resulting in major facility idlings and layoffs. The effectiveness of trade remedies hinges on ensuring that the duties authorized by law are in fact collected. Enactment of the ENFORCE Act will help to ensure that is achieved,” says Thomas Gibson, president and CEO of the Washington-based American Iron and Steel Institute. The measure must still pass the U.S. Senate and President Obama before it becomes law.

“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,” Gibson says.


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Thursday, October 19, 2017