Policy
Public policy affecting the iron and steel industry.
Latest News
China Scraps Steel Export Tax
15 December 2017 - China is reducing or altogether eliminating its export tax on certain steel products, a move that likely will inflame trade tensions with the U.S. and European Union, according to reports.
Steel Countries Reach Initial Agreement on Excess Capacity
01 December 2017 - Roughly three dozen nations have agreed to a set of principles addressing the world’s excess steel capacity, but some industry representatives say more action is needed to solve the problem.
India Looks to EAFs to Meet National Production Goal
01 December 2017 - India Steel Minister Chaudhary Birender Singh said his country will encourage electric arc furnace production as a way to increase steel output, reports the Press Trust of India.
Steel Summit on Overcapacity Opens Thursday
29 November 2017 - Representatives of the Group of 20 countries, along with those from certain others, are to begin a new round of talks Thursday over the world’s excess steelmaking capacity -- and America’s potential response to the problem.
Democrats Prod Trump to Act on Steel Tariffs
27 October 2017 - U.S. Senate minority leader Chuck Schumer, D-N.Y., said he’ll block nominations of two Commerce Department officials if the Trump administration doesn’t move on plans to impose new trade measures against imported steel and aluminum, reports The New York Times.
U.S. EAF Producers Gain a Bigger Voice in Congress
25 October 2017 - In a move emblematic of the shifts in American steel production, a southern U.S. representative has been appointed as co-chairman of the Congressional Steel Caucus.
Germany Organizes Meeting to Discuss Steel Overcapacity
06 October 2017 - Germany has called a meeting with other top steelmaking countries to discuss global overcapacity, according to the Reuters news service.
USW Again Calls On Trump to Impose Steel Tariffs
25 September 2017 - Citing ArcelorMittal’s decision to halt plate rolling at its Conshohocken, Pa., USA, plant, the United Steelworkers union is issuing a new call to the Trump administration to complete its national security review of steel imports.
China Looks to Cut Pollution – By Reducing Steel Output
25 September 2017 - To curb pollution, China is preparing to initiate a first wave of steel production cuts that will reduce output at its largest steelmaking city by half, reports the (London) Financial Times.
India Well on Its Way to Meeting Steel Production Target
18 September 2017 - India is making strides toward its national goal of lifting steel production to 300 million metric tons, reports the Press Trust of India (PTI).
Chinese Steel Production Sets August Record
14 September 2017 - China’s steel output climbed to another new monthly record in August as mills cranked out 74.59 million metric tons, reports the Bloomberg news service.
India Wants Foreign Steel Producers to Build, Not Buy
07 September 2017 - As India looks to expand its steel capacity, it is encouraging foreign producers to undertake domestic expansion projects rather than buying up distressed assets.
EUROFER: Material Life Cycle Costs Should Be a Part of Vehicle Emissions Standards
05 September 2017 - The European Steel Association (EUROFER) is calling on EU officials to account for the life cycle carbon costs of materials in drafting new rules for vehicle emissions.
Report: Trump Twice Said No Deal to China on Offer to Reduce Steel Capacity
29 August 2017 - U.S. President Donald Trump apparently wants tariffs on imported Chinese steel so much so that he rejected an offer from Chinese leaders for additional capacity cuts, reports the (London) Financial Times.
Trump Demands Import Tariffs
28 August 2017 - Should there be any question on where U.S. President Donald Trump wants to take trade policy, perhaps this will be helpful.
U. S. Steelmakers Make the Case for Import Restrictions Directly to Trump
24 August 2017 - Top executives at 25 American steel companies have appealed directly to President Donald Trump for relief from imported steel.
IMF: China's Steel Capacity Reductions Have Had 'Muted' Impact
15 August 2017 - The International Monetary Fund said China’s efforts to cut excess steel and coal capacity have had a "muted" impact on its production and that the country could stand to make more aggressive cuts.
Policy Fuels China's Rising Iron Ore, Steel Prices
08 August 2017 - Iron ore and steel prices are rising in China as government policies have helped to tighten supply and increase demand, reports the Bloomberg news service.
Timing of Section 232 Decision Remains Uncertain
28 July 2017 - U.S. Commerce Secretary Wilbur Ross said he’ll defer to President Donald Trump on the timing of the administration’s Section 232 decision, according to the Reuters news agency.
USW to Trump: Get on With It Already
27 July 2017 - In regard to the Trump administration’s decision to delay action on new steel trade measures, the United Steelworkers union has this much to say: “What are you waiting for?”
