Reuters: U.S. Steelmakers Seek Protection Against European Imports
08/02/2013 - A U.S. steel industry group has asked the government trade representative to intervene to help protect domestic producers from growing imports of steel products from Europe, according to a Reuters report.
U.S. steelmakers have grown increasingly worried over the last couple of years as the inflow of steel products from abroad has intensified due to rising global oversupply.
The Steel Manufacturers Association (SMA), which includes some of the world's largest steelmakers such as Nucor and ArcelorMittal, has urged the government to undertake a diplomatic initiative to curb imports of cut-to-length steel plate and other products.
The industry's latest move is an attempt to resolve the problem before it results in litigation…