US steel industry hurt by trade barriers: AISI
Nov 12, 2012 | 04:45 PM
| Catherine Ngai
Tags
American Iron and Steel Institute,
AISI,
trade barriers,
report,
USTR,
Kevin Dempsey,
steel industry,
coke
zinc
NEW YORK — Trade restrictions from a number of countries are distorting global trade and international competition for the U.S. steel industry, according to a 33-page American Iron and Steel Institute (AISI) report submitted last month to the U.S. Trade Representative’s Office.
One particular area of concern is China’s dispute settlement proceeding at the World Trade Organization (WTO) over export restraints on raw materials—such as coke, bauxite and zinc—necessary to steelmaking, according to Kevin Dempsey, AISI senior vice president of public policy and general counsel and author of the report. It....
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