NEW YORK A bipartisan coalition of legislators has re-formed the Senate Steel Caucus in order to strengthen the U.S. steel industry, several senators announced May 6.
The caucusled by co-chairmen Jay Rockefeller (D., W.Va.) and Jeff Sessions (R., Ala.) and vice chairmen Sherrod Brown (D., Ohio) and Pat Toomey (R., Pa.)will support the industry by encouraging fair trade and manufacturing, the senators said.
"The mission of the caucus is to ensure fair, lawful trade and to create a climate where private sector growth occurs and more good-paying jobs are created," Sessions said. "A renaissance of American manufacturing starts with steel."
The Senate Steel Caucus had been inactive for two years, AMM understands. The re-formed caucus will not advocate for specific legislation and is in the early stages of defining its aims, according to a source familiar with the group. Its first objective will be to recruit new members.
The senators emphasized the importance of steel to their local economies as well as to U.S. interests.
"The production of steel is key to our state and national economy," Toomey said. "I appreciate Sen. Rockefellers and Sen. Sessions efforts to help ensure that American steel producers and the industries they supply remain strong to boost our national security and our economy."
The American Iron and Steel Institute voiced its approval of the caucus in a May 7 statement, with president and chief executive officer Thomas Gibson calling it "critical to increasing American competitiveness and supporting policies that create jobs."