Washington, DC – Today, the United States announced additional measures to address steel imports from Mexico and Brazil.
Recent negotiations between the U.S. and Mexico resulted in an agreement to implement a strict export monitoring regime through June 2021 for standard pipe, mechanical tubing, and semi-finished products. Additionally, following successful discussions with Brazil, the countries agreed to limit the remaining quota for Brazilian semi-finished steel products for the rest of 2020. The new quota is set to 60,000 metric tons, down from 350,000 metric tons. The countries will meet again in December 2020 to discuss imports and quotas for 2021.
“We are pleased to see the administration take proactive steps in continuing its support of our country’s steel industry and our American workers,” said Philip K. Bell, president of the Steel Manufacturers Association (SMA).
Bell added, “these two agreements show that progress can be made when international partners are committed to strengthening trade relationships. SMA applauds Ambassador Lighthizer, his team, and the negotiators from Mexico and Brazil for coming together to reach these commonsense agreements.”
About the SMA
SMA is the largest steel industry trade association in the United States and is the primary trade association representing North American EAF steel producers. EAF steelmakers account for almost 70 percent of domestic steelmaking capacity using an innovative, 21st-century production process that is less energy-intensive and has lower carbon emissions than traditional steelmaking. For more information check out our website at www.steelnet.org or our Facebook page.