Economy
April 10, 2016
AIIS Address Global Steel Overcapacity at USTR Hearing
Written by Sandy Williams
The American Institute for International Steel submitted comments and will provide testimony on overcapacity in the global steel industry at a hearing convened by the U.S. Trade Representative on April 12, 2016.
AIIS recognizes the damage caused to the U.S. steel industry from sustained excess steel capacity and urges the United States and the Organization for Economic Co-operation and Development (OECD)* to engage in talks to address excess steel capacity and its related challenges. AIIS hopes such talks will result in “achieving a permanent, broadly applicable solution that results in meaningful commitments that are capable of being monitored.”
