USW, STEEL INDUSTRY URGE U.S. GOVERNMENT TO STAND UP TO CHINA

Today, the United Steelworkers, American Iron and Steel Institute, Steel Manufacturer’s Association, Specialty Steel Industry of North America and The Committee on Pipe and Tube Imports issued a joint statement about Chinese steel imports. Among other things, the statement urges the U.S. government to stand up to China by demanding that China stop manipulating currency, export tax and rebate policies. “The U.S. government should insist that China have WTO-consistent policies on raw materials, semi-finished and finished steel products to ensure that no U.S. manufacturers are disadvantaged,” the statement reads. The statement also says, “During a worldwide economic recession, China should not try to maintain economic growth by directing subsidized exports to the U.S.” continue reading