Sen. Sessions made the following comments after joining a letter to the Commerce Department urging action be taken to blunt the improper and excess dumping of steel imports into the U.S. market: “It is important that the Department of Commerce review the recent surge of tubular steel into the United States market. American-made steel that is used in the U.S. energy market accounts for roughly 10 percent of American steel production and helps employ thousands of workers. However, since 2008, imports have increased by over 60 percent. Such a sharp increase is troubling. Defending against artificially priced foreign imports is critical to having a functioning market that allows U.S. workers to compete. Alabama has a robust steel industry that should not be unfairly damaged by foreign imports that skirt our trade rules. I will closely monitor this review from the Department of Commerce to ensure proper valuation of imports and the proper protection of American workers.”
Posted on: Mon, 19 May 2014 19:57:22 +0000
Trending Topics
Recently Viewed Topics
© 2015