U.S. Rep. Pete Visclosky, D-1st testified today before the International Trade Commission (ITC) in a hearing on rebar from Japan, Taiwan, and Turkey.
Excerpts from Visclosky’s testimony:
“It is timely that the Commission is hearing this case during National Infrastructure Week, since rebar is such an essential component of our infrastructure. . . . The product we are talking about today is a long-rolled steel product that is primarily consumed by the construction industry and used to provide strength to concrete. Rebar is used in many types of structures, from skyscrapers to bridges. Without it, we could not do the work of building this nation. . . .
“We also need these products to grow our economy and support jobs. Rebar producers in the United States employ over 10,000 workers at more than 100 facilities across the country. In order to ensure that American steel producers and steelworkers can continue to make things in this country and grow our knowledge base, we must work to guarantee that their products can compete on a level playing field. . . .
Rebar imports from the countries we are discussing today have consistently threatened U.S. manufacturers. Between 2013 and 2015, imports of rebar from Japan, Taiwan, and Turkey increased 260 percent. So far in 2017, total rebar imports have increased 18 percent above the same period last year. In order to stop this trend, foreign countries must clearly receive the message that continued dumping and subsidizing of their products will not be tolerated.
“As we recognize National Infrastructure Week, it is my hope that the Commission will act to protect an industry that is vital to this country’s infrastructure and our economy. I strongly urge an affirmative determination in this case.”