SMA supports free and fair trade based on the principles of comparative advantage. The same openness should not be extended to illegally traded, dumped and subsidized material. The U.S. cannot allow other nations to directly violate the rules of international trade at the expense of the domestic economy. As such, SMA appreciates the recent outreach of Congressional Steel Caucus Chairman Tim Murphy and Vice Chairman Peter Visclosky urging enforcement of the nation's trade laws.
The U.S. International Trade Commission (ITC) today voted on the final phase antidumping and countervailing duty investigations of hot-rolled flat products from Australia, Brazil, Japan, Korea, the Netherlands, Turkey, and the United Kingdom. The ITC issued affirmative determinations in the vast majority of the cases. Antidumping duties against hot-rolled steel from Turkey were rejected, though countervailing duties against Turkey were affirmed.
Our colleagues at the Alliance for American Manufacturing today released a new report entitled “Overcapacity in Steel: China’s Role in a Global Problem” - authored by Duke University's Center on Globalization, Governance & Competitiveness. The report analyzes the causes, effects, and public policy solutions to address the steel overcapacity problem. It zeroes in on China’s overinvestment in steelmaking, and how China has been unable, or unwilling, to address the problem with effective solutions.
It’s been a great year for Gerdau’s Jackson Mill. The industrial recycler and steel maker broke ground on an expansion that will increase revenue, employees and the amount it can recycle. Jackson MillGerdau’s employees also led a project to develop a new “multi-grade” product that earned the company the American Metals Market 2015 Award for [...]
Cascade Steel works to improve the lives of local citizens in many ways Scholarships, donations improve many local lives As building a strong foundation goes, it’s difficult to beat the high quality products manufactured by Cascade Steel Rolling Mills, Inc. right here in the Yamhill Valley. But the company’s well-known dedication to quality products may [...]
We strongly believe in making a positive social impact on the communities where we work and live, through supporting organizations in which our employees are involved and by empowering and encouraging leadership at each of our facilities. We collaborate with our employees and communities to determine areas of need and to identify those organizations that [...]
Enriching lives at Kids Unlimited One of the greatest impacts we can have on our communities is giving an opportunity to children in need. As just one example, we support Kids Unlimited, which is located in Toledo, Ohio, a Steel Dynamics community. Kids Unlimited’s mission is to provide affordable and enriching after-school and summer programs to help children develop academic and social tools, while learning a strong sense of values and character to help them reach their fullest potential. Also, we have an employee who volunteers as a mentor at Kids Unlimited, a great example of how we can make the greatest positive impact within our communities.
It is with heartfelt sadness that we share the news of the passing of SMA founder James F. “Jim” Collins. Jim was 90 years old. A native of Massachusetts, Jim grew up in Boston and served in the U.S. Marine Corps during World War II. After earning a degree at Brown University, Jim returned to [...]
China’s role in the global economy may be the most divisive trade issue of the modern era. The country’s explosive growth has positioned it as a leading trade partner to the world’s most powerful nations. But now the Asian superpower says it has earned the right to trade as a market economy, challenging the World Trade Organization and its protections against dumping. MetalMiner explores how the situation arose, how the decision will be made and what’s at stake for American industry and its workers. Learn more here: http://agmetalminer.com/2016/05/16/ch...
A North American Free Trade Agreement review panel today issued its opinion regarding the U.S. International Trade Commission’s (ITC’s) determination that imports of Mexican rebar injured the U.S. steel industry. Today’s review panel decision upheld most aspects of the ITC’s ruling. Five aspects of the ITC’s September 2014 determination were challenged, including: the lawfulness of [...]