2001 Section 232 Results on Iron Ore & Semi-Finished Steel

This week the Trump administration initiated an investigation on the impact of steel imports on national security under Section 232 of the Trade Expansion Act of 1962. Section 232 has been initiated 26 times within the last 55 years but only two (1979 and 1983) found a threat to national security, both involving crude oil.

In 2001 The Department of Commerce initiated Section 232 investigation into The Effect of Imports of Iron Ore and Steel on the National Security. The U.S. Department of Commerce, Bureau of Export Administration published their results in October of 2001. The results took into account upgraded military requirements after the September 11, 2001 terrorist attack.