Trade Crisis Focus of AISI 2016 Policy Agenda

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) Board of Directors this week approved the Institute’s 2016 Public Policy Agenda during its meeting in Washington, D.C. The Agenda outlines aggressive pro-manufacturing policy strategies to guide advocacy for the upcoming year and highlights the importance of the steel industry to the U.S. economy and our national security.

Thomas J. Gibson, president and CEO of AISI, said, “In 2014 and into 2015 the industry experienced a significant financial downturn as a result of the continuing surge in dumped and subsidized imports coming into the U.S. market from around the world. Steel imports increased by 36 percent in 2014 and captured a record 28 percent of our steel market. The situation worsened in 2015 with finished steel imports capturing 29 percent of the U.S. steel market, an all-time record. Our 2016 Public Policy Agenda highlights the North American steel industry’s support of a national pro-manufacturing agenda to ensure that U.S. manufacturing is globally competitive and that we keep manufacturing jobs in America.”