Category: Uncategorized

SMA Statement on Historic Tariffs on Chinese Steel and Other Products

SMA President Philip K. Bell was honored to represent domestic steelmakers by joining President Joseph R. Biden, Treasury Secretary Janet Yellen, Trade Representative Katherine Tai and esteemed guests in The White House Rose Garden today for the announcement of new tariffs designed to prevent Chinese steel and other products from swamping the U.S. market. “Chinese […]

SMA Member Named a Best-Run Company by Wall Street Journal

SMA member Nucor was named one of America’s best-run companies in the Wall Street Journal’s annual Management Top 250. The ranking reflects company performance across multiple measures, including employee satisfaction, customer satisfaction, and financial strength. Read more (subscription required):

Earth Day 2022

The Steel Manufacturers Association is excited to kick off Earth Day 2022. Every day our members prove the difference one type of steel can make. About 27% of the steel produced globally and 70% of the steel in America uses the highly eco-friendly EAF process. EAF steelmaking has 75% fewer carbon emissions than traditional steel […]

SMA Comments on Biden’s Clean Manufacturing Agenda

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 […]

U.S. and Japan Reach Section 232 Agreement for Steel Tariff-Rate Quota

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 […]

SMA President Philip K. Bell quoted in Reuters.

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 […]

Steel Dynamics Named One of World’s Best Employers and Top ESG Companies

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 […]

Auto and Steel Manufacturers Association Extend ELVS Program through July 2027

Based on a mutual desire to maintain nationwide recovery of automotive mercury switches, auto and steel manufacturers have signed an agreement to continue the End of Life Vehicle Solutions (ELVS) program past the current expiration of the National Vehicle Mercury Switch Recovery Program on December 31, 2021. The ELVS program extension will be from January […]

Steel Industry and Labor Emphasize Importance of Steel Tariffs & Urge Biden to Keep Them in Place

WASHINGTON, DC – Seven of the leading groups representing the domestic steel industry and labor today urged President Joe Biden to ensure steel tariffs, put in place in 2018 to protect national security, are preserved. The Steel Manufacturers Association (SMA), American Iron and Steel Institute (AISI), United Steelworkers union (USW), Committee on Pipe and Tube […]