News

SMA Statement on USMCA Signing

The passage and signing of the USMCA represents a landmark foreign trade agreement (FTA) that serves as a model for future FTAs.  The Steel Manufacturers Association (SMA) looks forward to working with the Administration to successfully implement the USMCA and promote sustainable growth opportunities within North America that support 21st century steelmaking.  The SMA thanks [...]

2020-01-29T11:22:15-05:00

SMA Statement on Senate USMCA Passage

Philip K. Bell, president of the Steel Manufacturers Association (SMA) made the following statement today on Senate passage of U.S.-Mexico-Canada-Agreement (USMCA), by a vote of 89-10. “The SMA is pleased with the Senate’s bi-partisan passage of USMCA.  The USMCA succeeds in its goal of maintaining free trade between the three countries. This agreement provides strong [...]

2020-01-16T12:41:50-05:00

America Recycles Day 2019

60.4 million tons in 2018. The US EAF steel sector recycled 60.4 million tons of steel scrap, producing over 58 million tons of new steel products here in the United States of America.

2019-11-15T07:52:21-05:00

16 Steel Industry Groups Welcome Agreement to Continue International Work to Reduce Global Steel Overcapacity

TOKYO, October 31 – Nineteen steel industry associations on five continents today praised the agreement by a “large majority of members of the Global Forum on Steel Excess Capacity (GFSEC)” to “continue the Forum’s work on the issue of steel excess capacity,” and called upon the few dissenting members to reconsider their current position as quickly as possible.

2019-10-31T08:37:13-04:00

Global Steel Industry Groups Call for Urgent Action on Steel Excess Capacity Crisis

Washington, DC, October 22 -  Nineteen steel industry associations in the Americas, Europe, Africa and Asia today called for the governments of steelmaking economies to step up efforts to effectively tackle persistent global excess capacity in the steel sector, including by quickly implementing strong rules and remedies that reduce excess capacity, its impact and its causes. 

2019-10-22T09:45:58-04:00