WASHINGTON, D.C. – Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), today applauded the Congressional Steel Caucus letter to the president urging prompt action in the Section 232 investigation into the impact of foreign steel imports on national security. Gibson issued the following statement:
“The steel industry is tremendously grateful for the leadership of Reps. Crawford, Bost, Visclosky and the entire Congressional Steel Caucus for keeping laser-focused on the issue of unfair foreign trade and the surge of foreign steel imports that threatens our national security. As we have often stated, if the American steel industry continues to be challenged by foreign unfair competition it could become impossible to procure the steel needed domestically. The military would then lose its principal source of strategic metals and we as a nation would become dangerously dependent upon unreliable foreign sources of supply.
“We remain concerned about continued surges in steel imports and the challenges still faced by our industry on a daily basis. Steel is critical to the protection of Americans at home and abroad. We need prompt and effective action on a comprehensive, broad-based import remedy as a result of the Section 232 investigation, and we look forward to our continued work with the Steel Caucus and the Administration to see this realized.”