Washington, DC: “The Steel Manufacturers Association (SMA) is pleased with the 232 agreement between the United States and the United Kingdom announced today. This agreement will help with the problems of global excess steel capacity, transshipment, illegal dumping and subsidies” said SMA President Philip K. Bell. The deal will end the threat of retaliatory tariffs […]
The Buy Green Task Force is targeted at harnessing the Federal Government’s buying power to support the use of industrial materials produced in a less carbon-intensive manner. SMA is excited to engage with the task force to help focus that buying power on low-carbon steel products that are produced here in the United States, where […]
Washington, DC: Today, the United States and Japan reached an agreement that allows imports of Japanese steel to be subject to a tariff-rate quota (TRQ), allowing a certain amount of imports to enter the U.S. free of any Section 232 tariffs. The agreement calls for quota volumes of 1.25 million metric tons. This amount is […]
The Steel Manufacturers Association (SMA) is pleased to announce its recent partnership with the REMADE Institute. The partnership brings together industry innovators, academic researchers, and national labs to enhance U.S. industrial competitiveness while leading the transition to a circular economy. Eric Stuart, vice president of environment and sustainability, SMA said, “as sustainable steelmakers utilizing ferrous […]
See Philp K. Bell’s comments on Wednesday’s announcement that the U.S. and the United Kingdom will start negotiations to find an alternative scheme to current 232 tariffs here (article link). Statement from Philip K. Bell, President of the SMA: “Today’s announcement that the U.S. and the United Kingdom will start negotiations to find an alternative […]
WASHINGTON, D.C. – Steel Manufacturers Association (SMA) president Philip K. Bell released the following statement today, after Monday’s presidential proclamation implementing a tariff-rate quota (TRQ) on steel imports from the EU: “The SMA is pleased that the Biden administration has officially implemented a tariff-rate quota (TRQ) under Section 232 on steel products imported from the […]
Each year on November 15, millions of people across the United States take part in America Recycles Day. The day raises awareness about recycling and the value of recycled products. How we recycle and reuse products are important. SMA members are America’s recycling leaders using up to 95 percent recycled content in their EAFproduction processes. […]
SMA Applauds the passage of the Infrastructure Investment and Jobs Act (IIJA). Read more here.
Forbes Magazine has named SMA member Steel Dynamics, Inc. (SDI) as one of the world’s best employers. SDI was the only U.S. steelmaker to make the list. This comes a week after Investors Business Daily named SDI as one of the top 100 best ESG companies in 2021. Links: Steel Dynamics Named One of World’s […]
SMA releases the following statement on the U.S., EU Tariff Agreement. Click here for more. .