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Policy
Public policy affecting the iron and steel industry.
Latest News
worldsteel: Industry, Government Cooperation Necessary for Low-Carbon Future
26 May 2021 - The global steel industry is committed to reducing its carbon footprint, but to succeed, the industry must have the right public policy framework in place, the World Steel Association (worldsteel) says in a new climate change policy paper.
Section 232 Tariffs Must Remain, Producers Tell Biden Administration
19 May 2021 - U.S. steel producers and the United Steelworkers union are urging the Biden administration to keep in place the Section 232 tariffs on imported steel and aluminum, arguing that they are having the intended effect.
US, EU Plan Talks on Steel Tariffs, Excess Steel Capacity
18 May 2021 - The United States and the European Union are opening discussions on combating excess steel capacity and ending America’s Section 232 tariffs on steel imports from the European Union.
China Orders Steel Cuts
14 May 2021 - China is moving to curtail steel output and capacity as it attempts to reduce air pollution and overcapacity in a hot steel market, reports the South China Morning Post.
To Keep Steel at Home, China Drops Rebate on Export Tax
29 April 2021 - China is rescinding an export tax rebate on a range of steel products and lifting tariffs on some imports, an effort to reduce output but sustain its own domestic market, reports the Bloomberg news service.
Steel Caucus Urges Buy American Provisions in Infrastructure Plan
19 April 2021 - Any infrastructure and economic recovery bills must include domestic procurement provisions, especially for sourcing steel, the Congressional Steel Caucus has written in a letter to Congressional leadership, reports The Times newspaper of northwest Indiana.
U.S. Trade Representative Criticizes China's Excess Steel Capacity
06 April 2021 - The Office of U.S. Trade Representative Katherine Tai is taking China to task, calling it the world’s No. 1 offender in enabling excess steel capacity.
AISI, SMA Applaud US$2 Trillion Infrastructure Plan
01 April 2021 - American steel producers expressed support for President Joe Biden’s US$2 trillion infrastructure plan, saying that it will create jobs and rebuild infrastructure while emphasizing domestic procurement, but took issue with the administration’s plan to pay for it.
Section 232 Tariffs Should Stay, Argues Economic Think Tank
24 March 2021 - The global steel overcapacity problem should be fixed through some sort of a multi-lateral solution, but until one is reached, the U.S. should keep its Section 232 tariffs in place, according to the left-leaning Economic Policy Institute.
OECD Raises Alarm on Global Steel Overcapacity
23 March 2021 - The Organisation for Economic Co-operation and Development (OECD) Steel Committee is warning that the global industry faces a heightened risk from excess production capacity as the COVID-19 pandemic tamps down demand.
Hydrogen Takes Center Stage in New Collaboration Agreements
18 March 2021 - POSCO and Australian electricity and natural gas producer Origin Energy have signed a memorandum of understanding on an effort to bring green hydrogen to South Korea, reports the The Sydney Morning Herald newspaper.
Carbon Reduction Efforts Could Drive Big Changes in Chinese Steel Industry
04 March 2021 - With China’s annual parliamentary meetings getting underway today in Beijing, the country’s steel industry could see a number of important policy changes, reports commodities news and pricing service S&P Global Platts.
U.S. Steel Tariffs Survive Another Challenge
05 February 2021 - The U.S. Court of International Trade has upheld the Section 232 steel and aluminum tariffs, ruling against a group of steel users who argued that the way the tariffs were imposed was flawed, reports the Reuters news service.
Steel Groups Push for Continuation of Steel Tariffs, Quotas
12 January 2021 - Four industry trade groups and the United Steelworkers union are urging U.S. President-elect Joe Biden to keep in place tariffs and quotas on steel imports, saying that the measures are necessary ensure the viability of the U.S. steel industry.
China Sets Its Sights on Scrap
07 January 2021 - China is opening up its borders to scrap steel imports, seemingly to support electric arc furnace steelmaking, reports industry publication Recycling Today.
Steel Caucus Names Co-Chairman
14 December 2020 - Indiana Congressman-elect Frank Mrvan has been appointed as co-chairman of the Congressional Steel Caucus.
Germany, thyssenkrupp Discuss Rescue Plan
10 November 2020 - thyssenkrupp is negotiating a rescue package with the German government said to be worth EUR5 billion, according to the Bloomberg news service.
Mexico Promises to Watch U.S. Electrical Steel Exports
05 November 2020 - Mexico will begin to closely monitor exports of electrical transformer laminations and cores under an agreement with the U.S.
SMA, EUROFER and Others Urge Steel Capacity Forum to Expand Efforts
22 October 2020 - Steel industry associations throughout the world are reiterating a call for the Global Forum on Steel Excess Capacity (GFSEC) to step up its work on the persistent problem.
Report: EU Drafting Carbon Tax on Steel Imports
13 October 2020 - The European Commission is working on a plan to impose a carbon tax on imported steel, cement and electricity, reports the Reuters news service.
