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US steel national security study to be completed soon-The 18th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
6/12/2017  金屬展-冶金展-鋼鐵展-steel expo-metal &metallurgy expo
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    US Commerce Secretary Mr Wilbur Ross said on Thursday that a national security review of the US steel industry will be completed very shortly and will seek to protect the interests of both domestic steel producers and consumers. Mr Ross told a Senate Appropriations subcommittee hearing that he believes there is a genuine national security issue that must be considered in this case.

He said “The steel review under a Cold War era trade law would result in a thoughtful set of recommendations for Trump to consider for action.”

Mr Ross identified three kinds of actions that could be recommended

1. Imposing tariffs above the current, country specific anti dumping and anti subsidy duties on steel products

2. Imposing quotas limiting the volume of steel imports

3. A hybrid "tariff rate quota" option that would include quotas on specific products with new tariffs for imports above those levels.

He said “Choosing the latter option would help mitigate concerns over steel price inflation from tariffs.”

This is the second major signal in two days that the Mr Trump administration is preparing new steel import restrictions. In a speech in Cincinnati on Wednesday, Mr Trump said "Wait until you see what I''m going to do for steel and for your steel companies. We''re going to stop the dumping, and stop all of these wonderful other countries from coming in and killing our companies and our workers. You''ll be seeing that very soon." 金屬展-冶金展-2017廣州巨浪國際金屬暨冶金工業展覽會-亞洲最大金屬冶金展-巨浪展覽-The 18th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
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