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American steelmakers warn world glut a threat to US national security—The 18th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
5/26/2017 heat treatment expo-furnace expo |
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imports, which “is a very dangerous proposition”
The meeting is part of the Commerce Department’s Section 232 investigation of the effects imported steel have on national security that Commerce Secretary Wilbur Ross initiated last month. Section 232 is a seldom used part of the 55-year-old Trade Expansion Act that’s resulted in more than a dozen investigations since the 1980s into areas like machine tools and circuit ceramic packaging developed by the defence department.
The testimonies come as American steel producers are benefiting from a raft of trade cases last year that helped boost many companies to their biggest gains in at least a decade. —The
18th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
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