American Iron and Steel Institute
USTRNonrulemakingUSTR-2024-0002

Request for Comments on Promoting Supply Chain Resilience

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American Iron and Steel Institute filings
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American Iron and Steel Institute filed 1 comment on this docket between Apr 22, 2024 and Apr 22, 2024. 174 other organizations filed here. The comment window closed 784d ago.

What American Iron and Steel Institute filed (1)

Apr 22, 2024· Comment from American Iron and Steel Institute· USTR-2024-0002-0132

In response to a request from the Office of the United States Trade Representative (USTR), the American Iron and Steel Institute (AISI) hereby submits comments to the interagency Trade Policy Staff Committee regarding supply chain resilience issues affecting the domestic steel industry. AISI serves as the voice of the American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI's membership is comprised of integrated and electric arc furnace steelmakers, and associate members who are suppliers to or customers of the steel industry. The American steel industry is a critical part of the supply chain for numerous manufacturing industries, for national defense purposes and for our nation's critical transportation and energy infrastructure. In 2018, the U.S. Department of Commerce recognized that a strong domestic steel industry is critical to national security and, following a determination by the president, imposed Section 232 tariffs, noting that "the continued rising levels of imports of foreign steel threaten to impair the national security by placing the U.S. steel industry at substantial risk of displacing the basic oxygen furnace and other steelmaking capacity, and the related supply chain needed to Furthermore, the Commerce Department concluded that "free markets globally are adversely affected by substantial chronic global excess steel production led by China." Accordingly, maintaining a strong and vibrant domestic steel industry by addressing the problem of global excess capacity should be at the heart of any government policy initiative to ensure supply chain resilience. One advantage of the domestic steel industry is that many key components of the steel supply chain are sourced in the United States, thereby ensuring the resilience of the supply chain for domestic steel production. For example, the United States has significant natural iron ore resources that are essential for carbon steel production, centered on the Iron Range in Minnesota and northern Michigan. In addition, the United States has ample supply of carbon steel scrap used in both electric arc furnace (EAF) and integrated steelmaking, which is a key raw material for carbon steel production. It should be noted that steel scrap supply is the result of significant industry efforts, together with government policies to promote the recycling of steel-containing products at the end of their useful life. There are, however, certain segments of the steel industry, such as that producing stainless steels, where the industry has significant supply chain concerns. Accordingly, the focus of these comments is on the stainless steel segment of the domestic industry, in particular production of stainless steel requiring significant levels of nickel.

Abstract

Lead Attorney: Victor Ban

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Request for Comments on Promoting Supply Chain Resilience (USTR) — American Iron and Steel Institute | OpenPolis