Alarm sounded at steel caucus hearing

Mar 25, 2014 | 04:50 PM | Jo Isenberg-O’Loughlin

Tags  steel, John Ferriola, Nucor, Congressional Steel Caucus, Michael Rippey, ArcelorMittal USA, Leo Gerard, USW Mario Longhi

WASHINGTON — A spring nor’easter wrapped the nation’s capital in a thin coat of snow Tuesday morning, but the temperature inside the Rayburn House Office Building was visibly elevated as an all-star cast of American steel executives and more than a dozen Congressional Steel Caucus members convened a hearing to address the “State of Steel: Spotlight on Trade, Energy and Currency Policy.”

Although energy and currency shared top billing with trade, there’s little question what topic dominated the two-hour hearing.

“I want to ring the fire alarm,” an emotional Leo W. Gerard, president of the United Steelworkers union, told industry leaders, trade association officials and politicos in a question-and-answer exchange following formal testimonies. “If something isn’t done in this round, you need to understand that we have shown the rest of the world the blueprint to eliminate our steel industry.”....

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