10,618.97 TRY BIST 100 BIST 100
5.68 CNY CNY CNY
46.85 EUR EUR EUR
40.57 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
40.51 TRY Interest Interest
73.00 USD Fossil Oil Fossil Oil
48.55 USD Silver Silver
4.42 USD Copper Copper
102.04 USD Iron Ore Iron Ore
327.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,300.51 TRY Gold (gr) Gold (gr)

AISI presented five key reasons for maintaining Section 232 tariffs

The American Iron and Steel Institute (AISI) emphasized the critical role of the US steel industry in terms of both national security and economic stability, drawing attention to the need to keep Section 232 tariffs on steel products in place.

AISI presented five key reasons for maintaining Section 232 tariffs

In its assessment, AISI listed five key reasons for continuing the tariffs.

Preserve National Security

According to AISI, a strong domestic steel industry is essential for the US defense infrastructure. Section 232 recognizes the strategic importance of steel for military equipment, critical infrastructure, and emergency response systems.

Strengthen American Jobs and Manufacturing

The American steel industry contributes to local economies by providing high-paying jobs across the country. Section 232 tariffs support domestic production by providing a level playing field for domestic producers in global competition.

Addressing Global Steel Overcapacity

AISI, particularly led by China, global steel overcapacity and production continue to grow, while overall global steel demand is being affected by the sharp decline in China's construction sector. As a result, China's steel exports to the world have more than doubled since 2020, reaching 118 million metric tons in 2024, which is more than North America's total steel production. Given these challenging international conditions, which show no signs of improvement, steel tariffs are emphasized as a means to help prevent new import increases that could harm American steel producers and workers.

Ensure Long-Term Investments

American steel producers have made billions of dollars in modernization investments in recent years. AISI states that a stable and competitive domestic market environment is necessary to sustain these investments, and that Section 232 tariffs provide this environment.

Support Sustainability

The U.S. steel industry is noted as one of the cleanest and most energy-efficient sectors among major producers worldwide. AISI noted that a strong domestic industry supported by tariffs is essential to maintain a low-carbon production structure. This will enable the U.S. to continue modernizing its steel production facilities that support clean energy technologies.

AISI's statement once again highlights that Section 232 tariffs are not only an economic tool, but also an environmental and strategic policy tool.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

European HRC market outlook end of July summary

Thursday, July 31, 2025

ArcelorMittal Kryvyi Rih CEO Longobardo: “We are currently facing serious challenges in terms of competitiveness.”

Tuesday, July 29, 2025

The ports of Gwadar and Faw on the Iranian border are preparing to change regional transit balances

Wednesday, July 30, 2025

Finland was selected as the most ideal country for mining

Wednesday, July 30, 2025

Kazakhstan has imposed a six-month ban on semi-finished exports

Wednesday, July 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now