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Policy
Public policy affecting the iron and steel industry.
Latest News
Report: U.S. Sanctions Are Impairing Mordashov, Severstal
06 June 2022 - U.S. sanctions on Russian billionaire and Severstal founder Alexey Mordashov potentially could unravel the company’s efforts to establish itself in markets outside of the country, reports the Bloomberg news service.
Changes to Emissions Trading System Will Hinder Green Transition, EU Steel Leaders Say
31 May 2022 - The leaders of the European Union’s steel industry are calling on legislators to reconsider proposed changes to the bloc’s emissions trading system and carbon border adjustment mechanism, saying that the revisions would undermine the industry’s green transition.
U.S. Temporarily Suspends Section 232 Tariffs on Ukrainian Steel
10 May 2022 - Secretary of Commerce Gina M. Raimondo announced yesterday the U.S. will suspend Section 232 tariffs on Ukrainian steel for a period of one year.
American Steel Industry Celebrates Biden Administration’s “Buy America” Guidance
19 April 2022 - Representatives from the U.S. steel industry have expressed their support for the Biden administration’s new guidelines requiring the use of U.S.-made iron and steel in infrastructure projects funded through the Infrastructure Investment and Jobs Act (IIJA).
White House Issues Guidance Requiring U.S.-Made Steel for Infrastructure Act Projects
18 April 2022 - On Monday, the Biden administration issued a new memorandum clarifying its “Buy America” requirement for construction projects financed through the US$1 trillion Infrastructure Investment and Jobs Act (IIJA).
Canadian Steel Producers Call on Government to Implement Climate Measures
31 March 2022 - In a statement on Tuesday, the Canadian Steel Producers Association called on the Canadian government to work with industry to swiftly carry out the measures laid out in the Federal 2030 Emissions Reduction Plan.
European Council Agrees on the Carbon Border Adjustment Mechanism
30 March 2022 - The European Council of the European Union (EU) announced earlier this month it had reached agreement on the Carbon Border Adjustment Mechanism (CBAM) regulation, which will cover cement, aluminum, electric energy production, and iron and steel products, among others.
AISI Lauds Signing of Infrastructure Bill
16 November 2021 - American Iron and Steel Institute (AISI) president and chief executive Kevin Dempsey yesterday issued a statement that hailed the signing of the Infrastructure Investment and Jobs Act.
AISI Applauds Senate Agreement on Infrastructure Bill
29 July 2021 - The American Iron and Steel Institute (AISI) is urging legislators to pass an infrastructure plan after a bipartisan group of senators on Wednesday reached an agreement on its broader details.
Report: China Might Put More Taxes on Steel Exports
28 July 2021 - The Chinese government is considering additional tariffs on steel exports as a means to curb domestic production and reduce steel prices by keeping more of it at home, reports the Bloomberg news service.
Bad Weather Delays SDI Mill Construction
21 July 2021 - Heavy rains and flooding in southeastern Texas have forced Steel Dynamics Inc. (SDI) to delay the planned start of steelmaking at its new flat-rolled mill.
EU Formally Proposes Carbon Border Adjustment Tax
14 July 2021 - The European Commission on Wednesday unveiled a carbon border adjustment tax as part of a sweeping plan meant to combat climate change.
EU Renews Steel Safeguard Measure
30 June 2021 - The European Union is extending the steel import safeguard measures that it put in place following imposition of the U.S. Section 232 tariffs.
Report: Climate Change Could Strand New BF Investments
29 June 2021 - The global steel industry is at risk of having to write off US$47 billion to US$70 billion in new steelmaking assets as the world moves to a carbon-neutral future, according to a new report.
Japan's Government Wants to Jump-Start Green Steel Development
23 June 2021 - Japan hopes to speed up development of hydrogen-based steelmaking and help the country’s steel producers become leaders in green steel production, reports commodities news and pricing provider Argus Media.
Biden Administration Looks to Settle Steel Tariff Dispute by December
15 June 2021 - The U.S. Section 232 tariffs on steel and aluminum will remain in place for the time being, but the Biden administration on Tuesday said it is committed to resolving the dispute with the EU over the tariffs.
Report: Section 232 Tariffs on EU Steel Could Lift By Year’s End
09 June 2021 - The U.S. and the EU could announce a commitment next week to rescind America’s Section 232 tariffs on steel and aluminum and Europe’s retaliatory tariffs that were imposed in response, reports the Reuters news service.
Report: EU Readying Draft of Carbon Border Tax
03 June 2021 - The European Union is drafting a plan to impose a carbon border tax on steel and other goods and is set to unveil the plan next month, reports the Reuters news service.
The Biden Administration’s Tariff Dilemma
28 May 2021 - The Biden administration is facing a difficult decision when it comes to the Section 232 steel and aluminum tariffs, reports The Hill.
Report: Carbon Fee Could Encourage Growth of American Steel
26 May 2021 - A group that is pushing for a carbon fee and carbon border adjustment as a means to cut carbon emissions has published a case study arguing that those measures could benefit the U.S. steel industry.
