Imports, regulation stifling steel: execs
Mar 21, 2013 | 01:01 PM
| Catherine Ngai
WASHINGTON The U.S. steel sector looks stronger ahead, particularly as affordable access to natural gas and a recovering automotive and energy sector allow manufacturers to become more competitive globally, but that growth could be in jeopardy if Congress doesnt act to discourage low-priced imports and over regulation, industry executives said.
"We are threatened every day by the unfair trade practices of our foreign competitors. We need the U.S. government to ferret out such practices that continue to distort steel markets and take strong action to challenge them through aggressive enforcement of U.S. trade remedies," ArcelorMittal USA LLC president and chief executive officer Michael G. Rippey testified March 21 before the Subcommittee on Commerce, Manufacturing and Trade.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.