Tag: Steel Manufacturers Association

Steel Manufacturers Association Comments on the passage of the “Inflation Reduction Act”

Washington DC:  The Steel Manufacturers Association (SMA) commends elements of the Inflation Reduction Act that strive to provide American industry with the tools needed to spur economic growth while decreasing the emissions that are released into the air. These include the creation of a new office within the Department of Energy to help move forward […]

Tenaris Joins the Steel Manufacturers Association

Washington, DC: The Steel Manufacturers Association (SMA) announced today that Tenaris and the company’s president over its US operations, Luca Zanotti, have joined the association and its board of directors.  Tenaris operates multiple steel pipe facilities in the United States as well as an electric arc furnace steel mill in Koppel, PA, with 430,000 tons […]

Independent Study Validates that Steelmaking by Electric Arc Furnace Manufacturers in U.S. Produces 75% Lower Carbon Emissions

Washington, D.C.: Steel produced by electric arc furnace (EAF) steelmakers in the U.S. has a carbon intensity that is approximately 75% lower than traditional blast furnace steelmakers. This is the finding of an independent study of steelmakers worldwide conducted by CRU Group, a global business intelligence firm specializing in metals manufacturing. The study was released […]

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 Annual Member Conference – Registration now Open!

Join the Steel Manufacturers Association (SMA) American Iron and Steel Institute (AISI) as we continue to partner together to address key issues for strengthening manufacturing in America. Our joint conference will have SMA and AISI member company CEOs, Cabinet officials, members of Congress as well as industry and market experts in attendance and presenting to […]

SMA Applauds Section 232 Agreement with the UK

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 […]

Biden’s SOTU Address Touts Issues Important to Steelmakers

Washington DC: During last night’s State of the Union Address, President Biden spoke to several subjects important to American steelmakers. The President cited matters including infrastructure investment, Buy America(n) policies, passage of the Bipartisan Innovation Act, and the growth of the manufacturing sector during his speech. In his remarks, President Biden said, “…That we must […]

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 […]