Steel executives push for fair trade

Jul 16, 2013 | 03:42 PM | Samuel Frizell

Tags  American Iron and Steel Institute, John Ferriola, Nucor Corp., Gerdau Long Steel North America, Michael Rehwinkel, Mike Williams, U.S. Steel Corp., fair trade Thomas Gibson

NEW YORK — Executives from many of the country’s largest steel companies met with senators and government officials on Capitol Hill July 16 to push for action against unfair trade practices, arguing that lackluster U.S. demand leaves no room for unfairly traded imports.

"While the economy is growing slowly in 2013, steel shipments and demand are not growing," Michael T. Rehwinkel, executive chairman of Evraz Inc. North America, told reporters on a media call following the event organized by the American Iron and Steel Institute. "Government intervention is creating global steel overcapacity, which is leading to a surge in steel imports to the United States."

Also in attendance were Nucor Corp. president and chief executive officer John Ferriola; Gerdau Long Steel North America president Guilherme Johannpeter; senior vice president for U.S. Steel Corp.’s North American flat-rolled operations, Mike Williams; and AISI president and chief executive officer Thomas Gibson. They met with newly appointed U.S. Trade Representative Michael Froman, Sen. Sherrod Brown (D., Ohio), Sen. Jeff Sessions (R., Ala.) and Sen. Ron Wyden (D., Ore.), as well as U.S. Commerce Department officials.....

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